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‘Now That’s What I Call Music’ reaches milestone

NASHVILLE, Tenn. (AP) — Like many music fans, Taylor Swift’s relationship with the “Now That’s What I Call Music” series stretches back more than a decade. She and her brother would listen to the series when they were children before Swift became a regular contributor with appearances on 10 albums in the run.

“I had ‘Now 5, 6, 7, 8, 9,'” the 24-year-old music star said with a smile. “I think now we’re at ‘Now 1,002,042.'”

Close.

The series has reached No. 50, a serious milestone for a physical sales survivor that’s managed to navigate changes in a digital world to remain relevant, profitable and consistent since its U.S. debut 16 years ago. Despite the availability of popular singles and the general erosion of physical album sales, installment No. 50 was expected to debut atop the Billboard 200 this week, marking the series’ 18th No. 1. Only The Beatles have more with 19.

Each installment used to be guaranteed platinum, but sales have dropped below 1 million per release during an industrywide decline. Yet it proportionately remains a factor on the charts and is available on streaming and digital platforms. Earning a spot on a volume’s track list still can mean an artist has truly penetrated America’s pop cultural consciousness.

“It is confirmation of making a song that has become part of the social fabric and will likely remain that way for a while,” said Aloe Blacc. His song “The Man” is on No. 50. “When popular songs are compiled in the ‘Now’ series, you get a snapshot of a moment in time, and to be part of that picture is an honor.”

The series — based on a popular British run of the same name that has reached No. 87 — is likely the most successful in modern music history, selling more than 76 million copies in its numbered U.S. series alone, according to Nielsen SoundScan. It remains popular for reasons that include convenience, brand appeal, format preference and familiarity.

“You have the 50 albums, plus dozens of these ‘Now’-branded compilations — ‘Now That’s What I Call Disney,’ ‘Now That’s What I Call Dance Music’ — it goes on and on and on, and all those things sell, too,” said Keith Caulfield, Billboard’s associate director of charts/retail. “Not in the way the numbered compilations do, but it’s just all gravy. It’s such a well-known brand, when a ‘Now’ album comes out, you already know what it is.”

Nielsen figures show Vol. 5 was the series’ most popular, selling nearly 4.8 million copies. The series remained above the platinum level into 2008, and sales for recent volumes hover around 500,000 — a very solid number in 2014. Vol. 50 was expected to be the 49th straight top 10 debut for the series — and all 50 reached the top 10. Over time, though, the reasons behind that success have changed. “Now” filled a gap when it debuted in 1998 that no longer exists.

“People have to remember back in the day before iTunes, before YouTube, the only way you could actually get the song that you wanted, that you enjoyed, was to purchase it as a CD single in the store or to purchase an album that had the song on it,” Caulfield said. “And a lot of the singles from the late ’90s were not released as commercial singles.”

These days, that’s not a problem. So who’s buying “Now” discs? And why?

Those are questions that series creators ask constantly. Some of the answers they get from buyers they survey are surprising, others predictable.

While physical album sales tend to skew older these days, “Now” runs against that conventional wisdom. Laura Rutherford, “Now” senior vice president of marketing and operations, says slightly more than half its listeners are 24 or younger. Older listeners 35 to 44 account for just 17 percent of sales.

Familiarity and the technological divide seem to drive those buyers. Studies with “Now” buyers show fans keep coming back for simple reasons: First, they know the line and count on it for cherry-picking hits. As Jeff Moskow, the “Now” head of A&R, puts it: “A lot of these fans have grown up with us. They’ve grown up with our sound, they’ve grown up with what we represent and they’re very comfortable with our brand.”

There’s also the simplicity of the much-dismissed CD. While today’s digital marketplace offers convenience, it’s not the kind of convenience everyone wants or can afford. And while much has been made about cars being built without disc players, most American cars still have them. “And the reality is consumers like having a CD they can pop in on a road trip. It has its place in people’s lifestyle,” Moskow said.

And there’s the impulse buy. David Bakula, Nielsen’s senior vice president of insights, said the series is shrewdly marketed and timed, colorfully hogging up a lot of space at your nearest big box store at key times of year.

“They come out around gifting time,” he said. “You get one in the fourth quarter around the holidays. You get one in the first quarter around the Easter gifting time. You get one in the summer when everybody is singing the biggest summer songs of the year.”

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Online:

http://nowthatsmusic.com

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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