Record sales

Record sales or music sales are activities related to selling music recordings (albums, singles, or music videos) through physical record shops or digital music stores. Record sales reached their peak in 1999, when 600 million people spent an average of $64 on records, achieving $40 billion in sales of recorded music. Record sales started declining in the 21st century, which made artists rely on touring for most of their income. By 2019, record sales accounted for less than half of global recorded music revenue, overtaken by streaming.