Sony Corporation has today confirmed the biggest revenue-generating albums worldwide in Sony’s first fiscal quarter of FY2016 – the three months to end of June this year.
Interestingly, Beyonce’s Lemonade – issued by Rob Stringer’s Columbia – is out in front despite appearing as a streaming exclusive on Tidal.
Columbia took the brave decision to sell the digital LP at a premium – $17.99 in the US and £13.99 in the UK – which certainly appears to have paid off.
Furthermore, Lemonade’s financial success rather flies in the face of the idea that agreeing to a platform exclusive on TIDAL is a fiscal risk for any blockbuster artist and a label.
SONY MUSIC ENTERTAINMENT’S BIGGEST-EARNING ALBUMS IN Q1 (THREE MONTHS TO END OF JUNE)
Beyoncé – Lemonade (released: 4/25/2016)
Kazumasa Oda – Anohi Anotoki (released: 4/20/2016)
Nogizaka46 – Sorezore no Isu (5/25/2016)
Meghan Trainor – Thank You (5/13/2016)
Fifth Harmony – 7/27 (5/27/2016)
Sia – This Is Acting (released: 1/29/2016)
ZAYN- Mind Of Mine (released: 3/25/2016)
2PM – GALAXY OF 2PM (released: 6/15/2016)
G-Eazy – When It’s Dark Out (released: 12/4/2015)
Kygo – Cloud Nine (released: 5/13/2016)
http://www.musicbusinessworldwide.co...-past-quarter/