Australians spent a record $676 million on music in 2023, with the industry growing 11 per cent on the previous year.
The data is calculated by counting the number of streams, downloads and physical media sales of music. "But overall, I think it just shows that there is a lot of value in music and people are recognising that."The 2023 Deloitte Media & Entertainment Consumer report tells a similar story, with 12 per cent of people who had a paid music subscription deciding to cancel last year.
"At a time when artists are kind of reaching their fans in so many different ways, vinyl's, as demonstrated by these figures, still a really important way for artists to connect and perform a deeper engagement with their fans," Ms Herd said."What makes people buy something on vinyl is that they feel such a strong connection to that artist," Blake Budak, owner of Landspeed Records in Canberra, said.
Source: Entertainment Trends (entertainmenttrends.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australia's environmental scorecard went down in the 'rollercoaster' that was 2023Australia's environmental scorecard worsened in 2023, but the country fared better than much of the rest of the globe, according to a report from the Australian National University (ANU).
Source: abcnews - 🏆 5. / 83 Read more »
Cost of living Australia: GDP growth slumps to 1.5pc as households cut backReal gross domestic product expanded by just 0.2 per cent in the three months to December, as consumers cut back on dining out and buying new clothes.
Source: FinancialReview - 🏆 2. / 90 Read more »
26.8 million: Australia's population growth in chartsAustralia's population grew by 2.5 per cent in the 12 months to September 2023, driven by record levels of overseas migration.
Source: SBSNews - 🏆 3. / 89 Read more »
Ocean heat levels have reached record high in 2023 and 2024We saw record-breaking heat in the atmosphere and oceans in 2023, with some of the hottest temperatures reported.
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Yokohama F. Marinos vs Shandong Luneng FC - Asian Champions League Quarter Finals, 2023Follow Asian Champions League live with instant updates on the match between Yokohama F. Marinos and Shandong Luneng FC. See all the live stats, team line ups, betting odds, fantasy & match updates here.
Source: FOXSportsAUS - 🏆 24. / 51 Read more »
Indian navy recaptures Somali pirate ship and frees crewBulgarian-owned MV Ruen was hijacked in December 2023 in rare recent case of Somali piracy
Source: GuardianAus - 🏆 1. / 98 Read more »