MusicWeek: IFPI Plans To Announce New Global Date Soon
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The IFPI is on the verge of announcing Friday as the chosen global release day, Music Week understands.
The move would bring all territories in line with Australia and Germany, amongst others, but would mean big changes in other countries including the UK and the US.
Music Week sources have said that US retailer Target could even drop music from its stores altogether as a result of the costs incurred.
Those in favour of choosing Friday as the global release day hope to benefit from higher footfall in shops at the end of the week.
Although she would not confirm the chosen global release day, or exactly when an announcement would be made, IFPI CEO Frances Moore told Music Week, "The whole dynamic of the global release day consultation has been driven by one thing and one thing only - how best to serve the music consumer."