APRA/AMCOS release end of year report
In the 11/12 fin year, APRA/AMCOS distributed 14% more in royalties to its members.
APRA/AMCOS Chief Executive, Brett Cottle, said…
“In a year in which APRA’s revenue grew marginally and AMCOS’s grew exceptionally, the real story has been the significant increase in distributions paid to members and to affiliated societies. Total royalty distributions grew by $28.9 million across the two societies, to $236.9 million – an increase of 13.9% on the preceding year.”
Other stats include…
- Revenue for the group (songwriters, composers and music publishers), grew by 7.2% overall, to $257.4 million
- APRA revenue (music royalties for public performances, broadcasts and online communications) grew by 1.5% to $185.7 million
- AMCOS revenue (royalties from physical sales, digital downloads & other reproductions) grew by more than 25% to $71.7 million.
See more in the 2011-2012 Year in Review here