Australia’s Record Business In 2019 Posts Best Result In 15 years, Powered by Streaming

Last year seems a lifetime ago. It was certainly a happy time for the Australian recorded music industry, which posted its fifth consecutive year of growth, with streaming services again leading the way, new data shows.

Streaming was the pumping heart of the Australian industry in 2019, generating $445 million , or more than 80 per cent of the overall music market, according to wholesale figures published Wednesday by ARIA. Indeed, the 2019 figure is the best since 2004. It’s a bonanza when compared with the corresponding figure a decade ago, in 2010, when the market was valued at A$384 million, a time when streaming was in its infancy and CDs were king .

Strip out the rocket-fueled streaming sector and it’s not a pretty picture. Every other format contracted in value last year, with the exception of vinyl albums, which enjoyed modest growth at 2.5 percent to $22 million , or roughly two-thirds the value of the market for CD albums.

do you also know who is from Australia? 5SOS FessUpBillboard Addressthe10k

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Publicly traded firms get $300 million in small-business rescue loansA relief fund for small businesses amid the coronavirus crisis has wound up helping companies with thousands of employees and past regulatory run-ins. “If it’s called “looting” when poor people steal groceries during a disaster, what’s it called when the Senate tries to smash and grab billions for corporate executives during a pandemic” ~Erin Ryan morninggloria Answer: Mitching GOPCorruption This underscores either Mnuchin's incompetence rolling out the plan or his corruption in planning the distribution of funds. A review of how many were Goldman Sachs clients should be in order. How could anyone approve the bulk of funds going to so few. Recoveries must be demanded See the ancs picture
Source: latimes - 🏆 11. / 82 Read more »

Top selling Air Jordans on eBay include Space Jam, Royals, Chicago - Business InsiderThe Air Jordan Bred 11 sold out of its pre-release drop on eBay in less than four minutes, making it the best selling Air Jordan on the platform.
Source: BusinessInsider - 🏆 729. / 51 Read more »