Sales of physical music media, like CDs and vinyls, have surpassed the number of people downloading music from iTunes. Which makes sense because everyone else has moved on to streaming music, which accounted for 75% of revenue last year for the recording industry.
Downloads represented just 11 percent of US labels’ revenue last year, a music industry trade group said Thursday. Physical sales — the term for music formats you can actually hold, which are mostly CDs and vinyl at this point — booked 12 percent.
Check It Out: Physical Music Purchases Surpass iTunes Downloads