Billboard announced this week that they are launching a brand new ranking chart called Uncharted. The idea is to track and rank breakout artist who are found primarily on the Internet.

Taking into account a variety of factors like YouTube clicks, Twitter traffic and even MySpace Music page views, up and coming artists will get exposure through well-known music trade magazine and website. The artists don’t have to be unsigned, but they must not have appeared on any of Billboard’s other charts.

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