Australia: Recorded music revenue jumps 4% in 2012

The Australian Recording Industry Association (ARIA) has announced a 4% increase in the value of the Australian recorded music industry in 2012.

The increase in value to $398.1m was the first upwards trend the industry has experienced in its annual wholesale figures since 2009.

The continued uptake of digital music combined with a host of new streaming services entering the local market resulted in over 46% of the market’s value coming from digital products in 2012, compared to 36.7% in ...

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