, the labels trade association, the nation’s record market lifted by 10.9% to A$676 million , powered by subscriptions to music streaming brands.
All digital products combined, including downloads and video streams, account for a sum upwards of A$616.1 million , a 12% year-on-year lift. In other words, more than 90 cents in the record industry’s dollar is generated by digital. An overall strong market report is masking a problem that Australia’s music community is trying desperately to crack — how to break more homegrown in Australia and abroad?is flush with case studies on the success of Afrobeats, Latin music, K-pop, and blockbuster acts from North America and the U.K., acts from the land Down Under aren’t stealing the limelight.
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Taylor Swift Breaks Yet Another Music-Industry RecordMeghan is a freelance news writer at Marie Claire. Her work has also ppeared in Bustle, Refinery29, Popsugar, and other outlets. When she isn't writing, Meghan runs a community for plus-size people in the Raleigh-Durham area of North Carolina.
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