APRA AMCOS has reported record revenue of $857.4 million for FY26, while Australian music’s share of streaming has dropped to 8.5 per cent
APRA AMCOS has reported record revenue of $857.4 million for FY26, up 8.8 per cent, with $755.7 million in net distributable revenue going back to members and rightsholders, up 10.6 per cent. Digital made up 53 per cent of the total, and public performance revenue through OneMusic rose 10.9 per cent.
The report also shows Australian music made up just 8.5 per cent of streaming, a fall of 37.5 per cent over five years, with more than 91 per cent of music streamed by Australians created overseas. Chief executive Dean Ormston called the projected drop in Australian members’ streaming share to close to 5 per cent within five years “a devastating statistic”, and said music creators are “squeezed on the platforms where fans first find them, and then on the stages where that support grows.”
APRA AMCOS continues to call for a federal live music tax incentive and minimum Australian music requirements across platforms. It points to audiences concentrating their spending on major tours, while mid-tier tours and smaller festivals face softer ticket sales, a pressure many music venues are also feeling at the door.
The ALMBC backs the call for a federal live music tax incentive and minimum requirements. We also have always fought hard for the major players to pay their way in supporting new and emerging artists. The support programs that are currently on offer right now from the majors, are simply a fraction of the funds they used to spend on artist development.
APRA AMCOS previously ran the hugely successful Live & Local industry development program but cancelled the project some months back. The ALMBC would encourage APRA AMCOS to further explore these kinds of opportunities, given the poor showing for Australian streaming.
The ALMBC is more than ready to partner on building outcomes for Aussie artists and small businesses.
