APRA AMCOS Reports Record $857M Revenue Amid Local Streaming Decline

Australia and Aotearoa New Zealand music rights management organization APRA AMCOS has released its annual Year In Review report, highlighting record Group revenue of $857.4 million, an 8.8% YoY jump.

Record revenue:

• Net Distributable Revenue (payments to members and rights holders) rose 10.6% YoY to $755.7 million, outpacing overall revenue growth.

• APRA’s FY26 revenue reached $557.2 million, with APRA international revenue hitting a record $103.2 million.

• Separately, International Group revenue grew from $47.3 million in FY19 to $107.3 million in FY26, an increase of 126.8% over the period.

• APRA AMCOS attributes the international success to the global reach of Australian and New Zealand-made music, including Ninajirachi’s international festival run and Bluey, which topped Nielsen’s US most streamed programs in 2025 and was No. 2 midway through 2026.

• Digital remained the Group’s largest revenue source, accounting for 53% of total revenue and growing 12.5% YoY.

• Subscription video-on-demand services, including Netflix, Disney+ and Apple TV+, grew 25.7% YoY to $113.8 million.

• OneMusic’s Public Performance revenue rose 10.9%, driven by growth in concerts and events, fitness and restaurants.

The live market divide:

• Audiences continued to spend on large-scale, high-priced events, including AC/DC, Ed Sheeran and Oasis, while mid-tier tours and smaller festivals faced softer sales and greater price sensitivity.

Local music loses ground:

• More than 91% of music streamed by Australians during FY26 was imported.

• Australian content accounted for just 8.5% of music streamed in Australia in FY26, following a 37.5% decline in local content’s streaming share over five years.

• On user-generated content (UGC) platforms, Australian music’s share was even lower, at 3.6%.

• The picture is even more dire in New Zealand, where international creators accounted for 96% of music streamed, while local artists accounted for just 1.7% of UGC consumption.

• APRA AMCOS is advocating for a federal live music tax incentive and minimum Australian music requirements across platforms.

What they said:

• Dean Ormston, CEO of APRA AMCOS: “Australian and New Zealand music continues to achieve extraordinary success around the world, but at home, the opportunities for our members to reach local audiences are shrinking. Music made here is winning over global audiences and generating record international revenue, yet it is becoming harder to discover on the platforms we use every day.”

• He added: “If the current trend continues, Australian members’ share of streaming is on track to fall to close to 5% within the next five years. It’s a devastating statistic.”