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The album-equivalent unit, or album equivalent, [1] is a measurement unit in music industry to define the consumption of music that equals the purchase of one album copy. [2] [3] This consumption includes streaming and song downloads in addition to traditional album sales. The album-equivalent unit was introduced in the mid- 2010s as an answer ...
Pure play method. In finance, the "pure play method" is an approach used to estimate the cost of equity capital of private companies, which involves examining the beta coefficient of other public and single focused companies. [2] See also Hamada's equation . Here, when estimating a private company A's equity beta coefficient, the equity beta ...
Foundry model. The foundry model is a microelectronics engineering and manufacturing business model consisting of a semiconductor fabrication plant, or foundry, and an integrated circuit design operation, each belonging to separate companies or subsidiaries. [1] [2] [3] [4]
Extended-play vinyl record of Michael Nesmith 's "I Fall to Pieces" with four tracks. An extended play ( EP) is a musical recording that contains more tracks than a single but fewer than an album or LP record. [1] Contemporary EPs generally contain up to eight tracks and have a playing time of 15 to 30 minutes. [2]
Musical theatre is a form of theatrical performance that combines songs, spoken dialogue, acting and dance. The story and emotional content of a musical – humor, pathos, love, anger – are communicated through words, music, movement and technical aspects of the entertainment as an integrated whole. Although musical theatre overlaps with ...
Music recording certification. A wall of Gold and Platinum records on display at Country Music Hall of Fame and Museum. Music recording certification is a system of certifying that a music recording has shipped, sold, or streamed a certain number of units. The threshold quantity varies by type (such as album, single, music video) and by nation ...
Record sales. Record sales or music sales are activities related to selling music recordings ( albums, singles, or music videos) through physical record shops or digital music stores. [1] [2] [3] Record sales reached their peak in 1999, when 600 million people spent an average of $64 on records, achieving $40 billion in sales of recorded music.
In the music industry, pre-production is a process whereby a recording artist spends time creating and refining their musical ideas. The artist thus produces a song's demo recording, or rough draft, in order to establish the song's creative premise. This reduces the time and money spent in expensive studios. The goal is to enter into the major ...