APRA AMCOS Revenue Hits $857.4M as Local Streaming Share Falls

APRA AMCOS reported record revenue and higher distributions for FY26 as Australian and New Zealand music faced limited shares of domestic streaming.
APRA AMCOS represents music rights holders in Australia and Aotearoa New Zealand. APRA AMCOS represents music rights holders in Australia and Aotearoa New Zealand.

APRA AMCOS reported record Group revenue of $857.4 million, up 8.8% year on year, as local music’s share of Australian streaming continued to decline.

The rights management organisation for Australia and Aotearoa New Zealand detailed the results in its annual Year In Review report.

Revenue and distributions rise

Net Distributable Revenue, payments to members and rights holders, increased 10.6% to $755.7 million, growing faster than total revenue.

  • APRA revenue reached $557.2 million in fiscal year 2026 (FY26), including record international revenue of $103.2 million.
  • Separately, International Group revenue reached $107.3 million in FY26, up 126.8% from $47.3 million in FY19.
  • Digital generated 53% of Group revenue and grew 12.5% year on year, remaining the largest revenue source.
  • Subscription video-on-demand services, including Netflix, Disney+ and Apple TV+, generated $113.8 million, up 25.7%.

APRA AMCOS attributed international growth to the overseas reach of Australian and New Zealand music, citing Ninajirachi‘s international festival appearances and Bluey.

Bluey ranked first among Nielsen’s most-streamed US programmes in 2025 and second midway through 2026.

Live spending varies by event size

OneMusic‘s Public Performance revenue increased 10.9%, supported by concerts and events, fitness businesses and restaurants.

Audiences continued spending on large, high-priced events featuring AC/DC, Ed Sheeran and Oasis. Mid-tier tours and smaller festivals experienced weaker sales and greater price sensitivity.

Local streaming share declines

Imported music accounted for more than 91% of Australian streaming in FY26. Australian music’s share stood at 8.5%, following a 37.5% decline over five years.

Australian music represented 3.6% of consumption on user-generated content (UGC) platforms. In New Zealand, international creators accounted for 96% of music streamed, while local artists represented 1.7% of UGC consumption.

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

Chief executive officer Dean Ormston said:

“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.”

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