<\/p>\n
\n\tSYDNEY, Australia \u2014 AC\/DC,<\/a> digital streaming and that loveable blue heeler Bluey<\/em> helped push APRA AMCOS\u2019s full-year revenue and distributions into unchartered territory.<\/p>\n \n\tThe Australasian rights organization this week posted revenue of A$787.9 million ($511 million) for 2024-25, up 6.5% from the previous financial year, with net distributable revenue at A$683.4 million ($443 million), up 7.8% year-on-year, also an all-time result.<\/p>\n \n\tFor the reporting period, the group\u2019s expense to revenue ratio was reduced to 13.26% from 14.32%.<\/p>\n \n\tBased on recent results, the A$800 million revenue milestone should be crushed in the next annual report, and the magical A$1 billion figure is on the near horizon.<\/p>\n \n\tPresented this week during the third annual SXSW Sydney, APRA AMCOS\u2019s Year In Review<\/em> is broadly solid, and in some areas spectacular, certainly for Subscription Video on Demand, which includes Netflix, Disney+, and Apple TV, the \u201cstandout\u201d category that grew by 15.7% to A$88.2 million ($57 million), fueled by increases in subscription charges and a rising base of subscribers.<\/p>\n \n\tDigital was the juggernaut for APRA AMCOS, generating A$404.3 million ($262 million), up 9.5%, while the business for public performance, the traditional cornerstone for APRA, lifted by 1.1% to A$133.9 million ($86.9 million).<\/p>\n \n\tAustralian live music fans came out for\u00a0local superstars Cold Chisel, Dom Dolla, Kylie Minogue, and\u00a0The Kid LAROI, and for major international artists Coldplay, Luke Combs and Pearl Jam.<\/p>\n \n\tMusic \u201cexports\u201d were another strong suit. Homegrown songwriters and composers are \u201cstill hitting the big time globally,\u201d notes APRA AMCOS, pointing to AC\/DC\u2019s Power Up<\/em> European tour and to Bluey<\/em>\u2018s high-flying antics in the United States<\/a> for helping lift international revenue to A$98.8 million ($64 million), up 14.8% year-on-year.<\/p>\n \n\tOne painful point, however, is the ongoing evaporation of streaming share from local content, despite the clamor to streaming platforms in full year 2025. Revenue from television and radio licensing dipped, too.<\/p>\n \n\tConsumption of music in Australia, both on music streaming and User Generated Content (UGC) services, has grown by 50% since FY21, though, \u201calarmingly,\u201d the percentage of consumption that relates to local songwriter and composer content in that same period has declined by 31% to just 9.5% of total music streaming over the past five years, APRA AMCOS reports, and 25.4% in UGC over the past three years.<\/p>\n