In an incredibly ballsy industry move, pop cultural monolith Rolling Stone have launches their own Music Charts to compete with Billboard's longstanding Billboard Hot 100 and top 200 charts.
To challenge Billboard's Top 200, which is updated weekly, Rolling Stone's 'Rolling Stone Charts' will include a singles charts that will be updated daily. Rolling Stone will also incorporate additional streaming data and make ranking calculations more transparent to help consumers further understand the fast-paced nature of the contemporary music industry.
In addition to the two main singles and albums charts, Rolling Stone will also launch the Rolling Stone Artist 500, which aims to rank the most-streamed artists of the week - similar to Spotify's own 'most streamed' rankings. The media company are also planning to instigate the Rolling Stone Trending 25 to track contemporary trends within the industry, as well as the Rolling Stone Breakthrough 25 for emerging artists. All charts will be compiled by analytics service Alpha Data, who will track digital, physical and streamed figures to create a concise industry overview.
In a press statement released today, Jay Penske, CEO of Rolling Stone's parent company Penske Media Group, affirmed that the charts will strive to promote transparent practice within the music industry: “What’s imperative and exciting about our new Rolling Stone Charts is that it will present a transparent, granular and real-time quantification to accurately reflect listeners’ evolving interests and give insight into worldwide trends.”
Rolling Stone Charts will launch on Monday May 13 - keep your eyes peeled on their website for more details.