Street date
Encyclopedia
In business
, a street date is the date a particular product
is to be released for sale to the general public.
Typically, retailers receive shipments of stock prior to its street date release, so that the product can be placed on display shelves for store opening that day. Shipments come marked very clearly with a "do not sell before release date" label designating a street date mandated by the distributor. Shipments may sometimes arrive up to three weeks in advance.
Retail outlets can be severely punished by manufacturers for releasing a product even a day before the street date, a process known as "breaking street." If a retailer breaches the contract
establishing a street date, the manufacturer may impose fines, may withdraw privileges to distribute future products from that manufacturer, and may file a lawsuit
to enforce the contract. However, there is no documentation of a retail chain or store being fined or any action taken against them.
The Street Date (thestreetdate.com) is a website run by CBS Radio, Inc. which keeps track of new album releases and presents relevant and exclusive artist content every Tuesday - the day that new albums typically hit the street.
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...
, a street date is the date a particular product
Product (business)
In general, the product is defined as a "thing produced by labor or effort" or the "result of an act or a process", and stems from the verb produce, from the Latin prōdūce ' lead or bring forth'. Since 1575, the word "product" has referred to anything produced...
is to be released for sale to the general public.
Typically, retailers receive shipments of stock prior to its street date release, so that the product can be placed on display shelves for store opening that day. Shipments come marked very clearly with a "do not sell before release date" label designating a street date mandated by the distributor. Shipments may sometimes arrive up to three weeks in advance.
Retail outlets can be severely punished by manufacturers for releasing a product even a day before the street date, a process known as "breaking street." If a retailer breaches the contract
Contract
A contract is an agreement entered into by two parties or more with the intention of creating a legal obligation, which may have elements in writing. Contracts can be made orally. The remedy for breach of contract can be "damages" or compensation of money. In equity, the remedy can be specific...
establishing a street date, the manufacturer may impose fines, may withdraw privileges to distribute future products from that manufacturer, and may file a lawsuit
Lawsuit
A lawsuit or "suit in law" is a civil action brought in a court of law in which a plaintiff, a party who claims to have incurred loss as a result of a defendant's actions, demands a legal or equitable remedy. The defendant is required to respond to the plaintiff's complaint...
to enforce the contract. However, there is no documentation of a retail chain or store being fined or any action taken against them.
The Street Date (thestreetdate.com) is a website run by CBS Radio, Inc. which keeps track of new album releases and presents relevant and exclusive artist content every Tuesday - the day that new albums typically hit the street.