Original article by Andrew McMillen
The Australian – Page: 4 : 11-Oct-19
APRA-AMCOS has reported record of revenue of $471.8m for 2018-19. The music rights management agency has advised that digital revenue – which includes both streaming audio and video services – rose 30 per cent in 2018-19, to $175.4m. APRA-AMCOS’s annual report also notes that there has been 4,265 per cent growth in audio streaming revenue since 2012-13, while live music revenue has risen from $16.6m in 2009-10 to $30m in 2018-19.
AUSTRALASIAN PERFORMING RIGHT ASSOCIATION LIMITED, AUSTRALASIAN MECHANICAL COPYRIGHT OWNERS SOCIETY LIMITED, SPOTIFY LIMITED, APPLE MUSIC, FACEBOOK INCORPORATED, YOUTUBE INCORPORATED, INSTAGRAM LLC, NETFLIX INCORPORATED, STAN ENTERTAINMENT PTY LTD