AIR Share Report 2020 – Deloitte
The Australian Independent recorded music sector generated $183 million of revenue in the 2018/19 year up from $153 million in the 2014/15 year. Market share also increased to 31%
AIR engaged Deloitte Access Economics to collect data from independent record labels and distributors in Australia, asking them about their operations in 2018-19 and comparing data to previous findings in their report for the 2014-15 year. This study represents an important benchmark for future analysis and highlights steady growth over this time period.
“Notwithstanding the challenges that Covid-19 has placed on us all, the Australian independent recorded music sector will strive, as it always has to build itself from the ground up to overcome the many challenges of limited resources to find opportunities for growth. We wish all the many artists, labels and distributors operating in this space all the very best for continued success doing what they love on their own terms.” – Maria Amato GM