Streaming revenue doubled in Australia in 2014

Coral Williamson

The Australian music industry saw an increase in streaming subscription services in 2014 - but the territory's year-end figures show an overall decline in sales.

The overall digital market was down 2.36%, making AUS $187.7 million, as digital sales slumped, while physical sales were down 18%. This resulted in an overall decrease of 9.62% in annual recorded music revenue, compared to last year’s 11.6% decrease.

Figures released by ARIA show that streaming revenue in Australia doubled in 2014, up 111% from 2013. Digital ...

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