News

It’s been a record year for Aussie music

THE country's largest and oldest copyright collecting society, APRA AMCOS, reported in 2015 a record figure for music royalty collections - A$300 million - and noted a 26% increase in royalties received from foreign sources for Australasian music.

APRA AMCOS' annual year in review website outlines export revenue data highlighting that the UK and US continue to be our most ardent fans, with Americans preferring to consume our music via radio and the British via television.

These two markets again showed a huge appetite for the talents of APRA AMCOS members' works, together generating two out of every five dollars of total overseas royalty income for the 2014/2015 financial year.

Denmark, with its population of just six million, brought more than $2 million into export income through Australian television and its programming of Australian music.

APRA AMCOS' main focus is to grant licences for the use of music, collect the related royalties and distribute those royalties as quickly and efficiently as possible. They are a business partner to both the creators and the users of music.

Topics:  music




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