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Australian Music Sales Dropped 11.6 Percent in 2013…

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No, streaming isn’t saving the music industry, at least not in the biggest countries that matter the most.  According to data just released, Australia’s overall music sales dropped in 2013, a trend we also saw in the United States, Canada, and the U.K.

According to the Australian Recording Industry Association (ARIA), total revenue for recorded music was at $352 million in 2013. In 2012, the total revenue was $398 million.

This is a drop of 11.6 percent, effectively canceling out the 4 percent revenue gain the Australian music industry saw in 2012.

Digital download revenue rose 0.5 percent, and digital album sales rose 8 percent. Streaming revenue almost doubled, and it now accounts for 5.9 percent of the industry.

Overall, revenue from digital music now accounts for 54.7 percent of the entire industry.  Yet all of that failed to compensate for a 25 percent drop in physical sales.

The ever-growing vinyl craze saw a 77 percent rise in vinyl sales, an exciting surge that still remains a fringe phenomenon.

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Comments (12)
  1. PiratesWinLOL

    That is what you get, if you are late with streaming and the popularity is still very low. I think it is safe to assume that they will have to wait for several years, before streaming revenue is significant enough to compensate for the decline in physical sales. In Denmark however, IFPI has just released numbers, which show that after many years of decline, the revenue is finally growing with a healthy 5,2 percent. The positive numbers is of course all due to the success of streaming, which more then compensate for the physical and digital sales which are falling like a rock. In 3 years physical and download sales will most likely not exist, but the total revenue will unlike it is the case with Australia, be very healthy.

    http://www.ifpi.dk/publikationer/Musikselskaber2013.pdf


    Reply
    1. FarePlay

      The Aussies, who are some of the friendliest, fun loving people on the planet, also have one of the highest piracy rates in the world.


      Reply
  2. Casey

    Nothing is going to stop the death of the CD. An increasing amount of hardware like computers, alarm clocks, and even car dashboards no longer include CD players. Increasingly popular devices like tablets never had a CD player to begin with. It’s going to be all downloads or streaming much sooner than many had anticipated.


    Reply
    1. Anonymous

      Casey, nobody’s talking about the death of the CD…

      This is about the death of music.


      Reply
      1. Casey

        The CD was the only format to drop in sales for 2013 in Australia and the entire reason for the decline in revenue. How isn’t this about the death of CDs? Music itself isn’t dying. Overall sales had increased just a year before.


        Reply
  3. Anonymous

    “According to the Australian Recording Industry Association, total revenue for recorded music was at $352 million in 2013. In 2012 the total revenue was $398 million.”

    Yes, Spotify came to Australia in the summer 2012.

    So it’s like they said in that add: Sign up for Spotify and you won’t have to buy music ever again.


    Reply
    1. Casey

      And the revenue for 2009 was $446,112,216, falling to $384,015,182 in 2010. The revenue has been on a rollercoaster since before Spotify entered Australia.


      Reply
    2. PiratesWinLOL

      The problem is that they haven’t signed up for Spotify yet. In countries where streaming has exsisted for a relatively long time and it is strong, the total revenue is growing and in countries where music sales are still based in inferior, stone age technology, revenue is dropping like a rock. The choice is clear. Do you want CDs/iTunes and the total revenue to decline, or do you want Spotify and healthy growth figures? Just this week in yet another country, Denmark, many years of revenue decline has been turned into healthy growth of 5.2 percent due to streaming.


      Reply
  4. TuneHunter

    Soon we will see 2013 IFPI numbers – the bullet train to profitable future.
    Harvard Business School must study this avant grade nerd land!


    Reply
    1. Nina Ulloa

      are you calling australia an “avant grade nerd land” ??


      Reply
      1. TuneHunter

        No, global music industry as we have it.
        YouTube, Spotify, Deezer, Pandora etc. – brilliant list of relatively new comers with no ability or desire to collect fair value for the goods.
        Businesses with no income or income at someones expense have no right to exist.


        Reply
        1. Nina Ulloa

          they certainly do have a right. money’s coming from investors.

          i agree with your other points.


          Reply

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