Original article by Michael Bailey
The Australian Financial Review – Page: 10 : 29-Nov-17
Australian songwriters earned $A43.5 million from foreign royalties in 2016-17, according to APRA AMCOS. This compares to just $A21.8 million in 2012-13, with the doubling in royalties collection attributed to the growth of music streaming services such as Spotify and Apple Music. Jake Mason from Melbourne band Cookin’ On 3 Burners says the popularity of music streaming has helped to make it more well known internationally, but that new artists still struggle to make a name for themselves in the music industry.
AUSTRALASIAN PERFORMING RIGHT ASSOCIATION LIMITED, AUSTRALASIAN MECHANICAL COPYRIGHT OWNERS SOCIETY LIMITED, APPLE INCORPORATED, SPOTIFY LIMITED, YOUTUBE INCORPORATED