The release of the latest IFPI Global Music Report has freed up a number of national industry bodies to publish their specific figures for 2018.
ARIA in Australia, for example, which has reported 12.3% growth for its recorded-music revenues last year, according to The Industry Observer. That means wholesale revenues of $526m in 2018, with music-streaming growing by 41.2% to $304m – 71.4% of the total market in Australia. CD sales fell by 31% to a mere $53m, although vinyl grew by 15.2% to $21m.
The figures emerged as major labels in Australia, backed by Music Rights Australia and the Australasian Performing Right Association, kept up their legal pressure on ‘stream-ripping’ piracy sites. The labels are pressing for Australian ISPs to block access to four of these sites: 2conv, Flv2mp3, FLV.to, Convert2mp3, and have gone to court in an attempt to ensure the ISPs follow their wishes.