SOUND RECORDING INDUSTRY – AUSTRALIA

Songwriting becomes boom export industry

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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.

CORPORATES
AUSTRALASIAN PERFORMING RIGHT ASSOCIATION LIMITED, AUSTRALASIAN MECHANICAL COPYRIGHT OWNERS SOCIETY LIMITED, APPLE INCORPORATED, SPOTIFY LIMITED, YOUTUBE INCORPORATED

Streaming sends music sales bouncing upwards

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Original article by Dominic White
The Australian Financial Review – Page: 29 : 11-Apr-16

Data from the Australian Recording Industry Association shows that sales of recorded music grew by five per cent in 2015, to $A334m. Sales of digital music increased by 11 per cent to $A208m, with music streaming services boasting revenue of $A71.1m. However, sales of physical music were three per cent lower at $A126m, although this followed an 18 per cent decline in 2014.

CORPORATES
AUSTRALIAN RECORDING INDUSTRY ASSOCIATION LIMITED, APPLE INCORPORATED, SPOTIFY LIMITED, YOUTUBE INCORPORATED, CREDIT SUISSE AG, NETFLIX INCORPORATED, STAN ENTERTAINMENT PTY LTD, FAIRFAX MEDIA LIMITED – ASX FXJ, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, TELSTRA CORPORATION LIMITED – ASX TLS, VEVO, FUTURE CLASSIC, ENDEMOL SHINE AUSTRALIA PTY LTD