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With regards to songs:

 

Billboard & Soundscan refer to downloads as digital (Digital Songs).

 

There is a separate physical chart, but those sales are minuscule (Hot Singles Sales).

 

Almost correct. HSS chart is not a physical only chart. Digital singles bundles count toward to this chart as well.

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Why are "digital" songs reported separately? Is there still a physical market in the US? (And of course, CD's are digital anyway!)

 

I guess back when it started (in 2005?) it was worth having a separate chart for downloads. Now Digital Songs is almost the same as the overall sales chart, but there's probably not much point in stopping the chart or re-naming it.

The charts are set up for the industry. Although it doesn't amount to much, CD singles still exist. The last time I saw a chart last summer, it took 86 copies to make the top 50. Not sure why the industry still wants it, but it is there nonetheless

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