Physical music sales have trumped digital for the first time in years!

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Physical music sales have trumped digital for the first time in years!

Fresh research conducted by the Recording Industry Association of America (RIAA) has declared that in 2017, music downloads accounted for 15% of overall music sales in North America, while physical sales were responsible for 17%.

Despite the evident rise in physical sales, streaming services including Spotify and Apple Music still reign supreme, holding a market share of 65%. Incredibly, streaming services netted a whopping 5.7 billion in sales in 2017. In contrast, digital download sales dropped by 25% compared to physical releases which only fell by 4%.

Vinyl enthusiasts are being praised for their efforts in raising the number of physical music sales throughout the US. It appears that formats including the trusty CD (which fell by 6% in sales) are being superseded by vinyl which rose a confident 10% and netted over $395 million across America in 2017.

If you’ve been living under a rock, it appears we are in the middle of a vinyl renaissance. As those who seek musical enlightenment trawl through record stores across the US in search of hidden gems to deploy on their turntables.

(Source: Mixmag)

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