Music

Authors:
Joan Lee – PwC, Sydney
Karina Barnwell – PwC, Sydney
Stuart Shinfield – PwC, Sydney

Market Definition:

The music market consists of recorded music and live music. Recorded music consists of consumer spending on physical recordings (such as CDs and music videos) and music distributed digitally (via online music stores, subscription streaming sites and mobile phones). We have included for the first time estimates and forecast revenues for live music performances, as they are an increasingly important supplement to the recorded music industry’s revenues. Spending on recorded music has been measured at retail prices, which can be substantially higher than the wholesale revenues reported by reputable sources such as the Australian Recording Industry Association (ARIA). Live music consists of concerts and music festivals and comprises end-user spending on tickets as well as sponsorships. Revenues from music publishing are not included in this chapter.

Snapshot

  • Reflecting world-wide trends, revenues in the Australian music industry are expected to continue to increase on average 5 percent compounded annually to 2016.
  • The digital distribution market is growing strongly. We expect it to achieve a 18 percent compound annual growth rate to reach $435 million in 2016, or 30 percent of the overall market.
  • Streaming music services – either ad-supported or  subscription-based – are new digital distribution models expected to grow over the forecast period as consumers choose to ‘rent’ rather than ‘own’ music.

To continue reading, please login, or update your access via "Purchase the Web App". The following web app options are available:

FREE WEB APP – $0

Introduction

Australian total market: 5 year historical revenues 5 year forecast revenues for 11 E&M segments

Methodology Australian Content – What’s the value?

Perspectives from industry leaders – Interview with Glen Boreham, Chair of the Convergence Review

+
PREMIUM WEB APP – $99

The contents of the free web app plus:

Australia at a glance: 5 year historical advertising revenues 5 year forecast advertising revenues 5 year historical consumer revenues 5 year forecast consumer revenues

Global overview: 5 year historical and 5 year forecast revenues for total E&M market, advertising revenues and consumer revenues

Key global themes

Cross media ownership matrix

Australian content: Perspectives from industry leaders – 7 featured interviews

+
SEGMENTS AND SPECIAL FEATURES ADD ONS - $39 each

Segments and special features can also be purchased individually.

Each chapter includes the sector brand map, a list of who owns what brands in the sector.

FULL WEB APP – $199

The contents of the free web app and the premium web app plus::

Segments: Segments contain deeper analysis
and commentary on each sector including additional graphs and tables

Books, Magazines, Filmed entertainment, Free-to-air TV, Interactive games, Internet, Music, Newspapers, Out-of-home, Radio, Subscription TV

Special features:
  • IPTV Forecasts and commentary on future uptake scenarios

  • Mobile commerce An analysis of the current and future landscape in Australia

  • Catalogues A data-led look at an underestimated industry