Online streaming drives first increase in Australian music industry revenue in years

The Australian music industry’s revenue has gone up for the first time in three years, driven by a doubling in music streaming services, while music downloads continued their decline.New figures from the Australian Recording Industry Association (ARIA) show a 5 per cent increase in the value of Australian recorded music in 2015, the first upwards trend the industry’s had in its wholesale figures since 2012.

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