APRA AMCOS Surpasses $511 Million in Record-Breaking Annual Revenue and Distributions

APRA AMCOS Posts Record-Breaking Annual Revenue, Distributions The Australasian rights organization APRA AMCOS has announced a record-breaking annual revenue and distribution result, with full-year revenue reaching A787.9 million (US$511 million) for 2024-25, up 6.5% from the previous financial year. According to the latest figures, net distributable revenue also reached an all-time high of A683.4 million (US$443 million), a 7.8% increase year-on-year. The group's expense-to-revenue ratio was reduced to 13.26%, down from 14.32% in the previous financial year. The record-breaking result is attributed to the success of various artists, including AC/DC, who performed on their 'Black Ice World Tour' at Conseco Fieldhouse in Indianapolis in November 2008, as well as digital streaming services such as Netflix, Disney, and Apple TV. The Subscription Video on Demand category grew by 15% during the reporting period. The immediate impact of this result is significant, with APRA AMCOS expecting to crush the A800 million revenue milestone in its next annual report. Industry experts predict that the magical A1 billion figure is now within reach. APRA AMCOS's Year In Review presentation at SXSW Sydney highlighted the organization's solid performance across various categories. The event provided a platform for industry stakeholders to discuss trends and opportunities in the music industry. As APRA AMCOS continues to navigate the evolving music landscape, its focus on digital streaming and subscription-based services is expected to drive growth in the coming years. With this record-breaking result, the organization is well-positioned to capitalize on emerging trends and continue its upward trajectory. *This story is developing. Information compiled from Billboard reporting.*