Physical copies of music continued to perform better than digital downloads, the report found, which saw yet another decline in revenue, dropping by 20% to $495m. It’s a stark contrast from the peak popularity digital downloads once held, having made up 43% of recorded music revenues in 2012. Since then, downloads have plummeted – to just 3% last year.
Vinyl records outsell CDs for first time in decades
Mar 14, 2023