The records stores that are still standing may have a huge reason to worry as 2011 was the first year digital music sales surpassed physical purchases. Consumer’s online buying habit increased by 8.4 percent from 2010 accounting for 50.3 percent of U.S music sales in 2011.
Artist leading the demand of online product are Rihanna, Black Eyed Peas, Eminem, Lady Gaga and Taylor Swift. Currently Rihanna holds the crown for the highest-selling digital artist of all time.
Last year about 1.27 billion music tracks and albums were downloaded online. As of now, it looks like CDs may have reached the same fate as cassette tapes.
Did you buy a physical album in 2011?