{"id":4923,"date":"2015-01-27T05:46:09","date_gmt":"2015-01-27T05:46:09","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2015\/01\/27\/streaming-revenue-doubled-in-australia-in-2014\/"},"modified":"2015-01-27T05:46:09","modified_gmt":"2015-01-27T05:46:09","slug":"streaming-revenue-doubled-in-australia-in-2014","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2015\/01\/27\/streaming-revenue-doubled-in-australia-in-2014\/","title":{"rendered":"Streaming revenue doubled in Australia in 2014"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/8\/88\/Flag_of_Australia_%28converted%29.svg\/1280px-Flag_of_Australia_%28converted%29.svg.png\" border=\"0\" width=\"220\" height=\"110\" \/><br \/>The Australian music industry saw an increase in streaming  subscription services in 2014 &#8211; but the territory&#8217;s year-end figures  show an overall decline in sales. The overall\u00a0digital market was down 2.36%, making AUS $187.7  million, as digital sales slumped, while physical sales were down 18%.  This resulted in an\u00a0overall decrease of 9.62% in annual recorded music  revenue, compared to\u00a0last year\u2019s 11.6% decrease.<\/p>\n<p>  <!--more-->  <\/p>\n<p>Figures released by ARIA show that streaming revenue in Australia  doubled in 2014, up 111% from\u00a02013. Digital subscriptions and  ad-supported models now make up more than 10% of the total\u00a0market value,  generating an income of $23m.<\/p>\n<p>In physical sales,\u00a0vinyl\u00a0album unit sales also more than doubled,  increasing by 127% (although not quite matching the likes of HMV in the  UK, where vinyl sales were up 170%).<\/p>\n<p>Australian artists contributed 18 tracks to the ARIA Top 10 Singles  Chart,\u00a0five more than the previous year and seven more than in 2012. On  the album front, 36\u00a0local releases have charted in the Top 10, nine more  than the previous two years.<\/p>\n<p>Dan Rosen, ARIA chief executive officer, said: \u201cThe remarkable  success of\u00a0Australian artists in 2014 is exciting news for the future as  the music from our home- grown talent is enjoyed by music fans here and  around the world.<\/p>\n<p>&#8220;As the industry continues to transform itself, we remain committed  to embrace our\u00a0digital future. Our goal as an industry is to make it  easier for music fans to support the\u00a0artists they love by developing  innovative new ways to sell music. The continued growth\u00a0in the  subscription market shows that he local music industry is leading the  way in\u00a0streaming digital content. It is an exciting time, as the  consumption of music grows\u00a0through an ever-expanding range of options \u2013  whether through subscription services, digital downloads or visiting the  local record store to buy vinyl.&#8221;<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Source: Music Week<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian music industry saw an increase in streaming subscription services in 2014 &#8211; but&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-4923","post","type-post","status-publish","format-standard","hentry","category-music-news"],"_links":{"self":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/4923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/comments?post=4923"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/4923\/revisions"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=4923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=4923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=4923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}