APRA AMCOS today announced a record annual revenue figure of $333m; 14 per cent growth in payments to songwriters, composers and publishers and a huge increase of more than $20m in digital revenue.
While other sectors of the music industry have experienced marked fluctuations, APRA AMCOS has enjoyed a reliable trajectory of income growth in recent years. Over the past three years, export revenue has increased by 75 per cent to more than $38.3m per annum, highlighting the enormous growth in the number and success of New Zealand and Australian songwriters on the world stage.