Digital downloads take a hit and only make up 11 PERCENT of music sales in the US as fans rush to streaming services and even buy more vinyls and CDs In 2018, revenues from recorded music in the United States grew 12% to $9.8 billion at estimated retail value But download purchases made up just 11 percent of label revenue Total revenue from downloaded music fell to $1.04billion - album sales brought in $500million while individual tracks got $490million Physical sales made 12 percent of total music revenue Vinyl records saw an increase in sales of eight percent, bringing in a total of $419million in 2018 It was the highest revenue earning year for vinyl since 1988 Streaming sales made up the largest chunk of all music sales, pulling in 75 percent of all revenue By Dailymail.com Reporter Published: 06:46 GMT, 1 March 2019 | Updated: 06:46 GMT, 1 March 2019 Viewcomments Digital downloads for music are so prehistoric that now, more people are actually buying vinyls and CDs instead of dishing around a dollar for a hot new track. Download purchases made up just 11 percent of label revenue in the United States last year, according to a Recording Industry Association of America (RIAA) report released on Thursday. The figure falls just one percentage point short for the amount of physical sales that actually happened in the year - 12 percent. In 2018, revenues from recorded music in the United States grew 12% to $9.8 billion at estimated retail value (stock) Streaming sales made up the largest chunk of all music sales, pulling in 75 percent of all revenue Total revenue from downloaded music fell to $1.04billion. Album downloads fell by a staggering 25percent in 2018, amounting to $500million. Individual track sales fell 28percent to $490million, during that same time. The 11percent revenue mark was met by downloaded music in 2018 but fell down from 42percent as recently as 2013. As far as physical shipments, revenue did decrease to $1.15billion and constituted a 23percent drop from 2017. Total revenue from downloaded music fell to $1.04billion - album sales brought in $500million while individual tracks got $490million Physical sales made 12 percent of total music revenue. Vinyl records saw an increase of eight percent, bringing in a total of $419million in 2018 (stock) CD purchases fell 34percent to $698million, marking the first time that revenues from CDs were less than a billion dollars since 1986. Vinyl records saw an increase in sales of eight percent, bringing in a total of $419million in 2018. It was the highest revenue earning year for vinyl since 1988. In total, vinyl made up one-third of revenues from physical formats. Streaming sales made up the largest chunk of all music sales, pulling in 75 percent of all revenue, RIAA said in their report. The revenue from streaming music platforms grew 30percent year-over-year to reach $7.4billion. In 2017, streaming revenue only accounted for $5.7billion. Total 2018 subscription revenues increased 32% to $5.4 billion. And while physical copies and digital downloads did see a decrease in revenue, overall music revenue did see an increase. 'In 2018, revenues from recorded music in the United States grew 12% to $9.8 billion at estimated retail value,' the report stated. The revenue from streaming music platforms grew 30percent year-over-year to reach $7.4billion. In 2017, streaming revenue only accounted for $5.7billion Share or comment on this article: All rights reserved for this news site dailymail and under his responsibility