Apr 11, 2016
ARIA RELEASES 2015 WHOLESALE FIGURES
The Australian Recording Industry Association (ARIA) today announced a 5% increase in the value of the Australian recorded music industry in 2015.
The increase in value to $333.8 million was the first upwards trend the industry has experienced in its annual wholesale figures since 2012.
Streaming revenue increased significantly from $31.9M to $71.1M. Of this, paid subscription revenue doubled to $46.3M, while revenue from ad funded streaming tripled to $24.8M. In 2014, revenue from ad funded streaming accounted for 1/4 of streaming revenue, growing in 2015 to account for 1/3 of streaming revenue.
Overall Physical revenue (CDs, Vinyl, DVD) stabilised, decreasing just 2.94%. CD Album revenue decreased 4.11% but is still the dominant format, accounting for 33% of all revenue. Vinyl revenue increased by 38.23%.
Digital sales decreased 13% overall, with Digital Tracks dropping 16.84% and Digital Albums dropping 8.03%.
Here's the complete breakdown, with the percentages that each format accounts for of total revenue:
Physical - Singles: $302,790 (0.09%)
Physical - Vinyl: $8,910,933 (2.67%)
Physical - CD: $110,592,309 (33.13%)
Physical - DVD: $6,391,654 (1.91%)
Physical - Other: $40,957 (0.01%)
Digital - Tracks: $70,850,598 (21.22%)
Digital - Albums: $61,700,476 (18.48%)
Digital - Ringtones: $1,390,027 (0.42%)
Digital - Streaming (Ad Funded): $24,822,611 (7.44%)
Digital - Streaming (Paid Subscription): $46,326,605 (13.88%)
Digital - Other: $2,505,159 (0.75%)