The Australasian Performing Right Society distributed a record Australian $177.4 million ($168 million) in royalties for its 2012-2013 financial period, up 4.2% year-on-year, according to a new report.
Of the sum, Australian $117.4 million ($111 million) was paid to APRA’s own members in Australia and New Zealand, up 3.1%, while Australian $60 million ($56 million) was paid to affiliated societies, up 6.6% year on year. APRA’s net distributable income during the June 30, 2012 to June 30, 2013 period was Australian $175.4 million ($166 million), up from Australian $162.8 million ($154 million).
The numbers were published in the annual survey of APRA and its sister mechanical right society AMCOS, titled “Year In Review”.
In his opening message, APRA/AMCOS CEO Brett Cottle explains that “copyright is alive and well, and is as indispensably relevant to music writers and music publishers in Australia and New Zealand as it has ever been.”
APRA’s expense ratio to revenue sits at 12.9%, up slightly from 12.8% and total distributable revenue reported by APRA and AMCOS topped Australian $243.5 million ($230 million), a rise of 5%.
Over the reporting period, more than 822,000 unique musical works received an allocation from APRA relating to performances in Australia and New Zealand. The figure, notes Cottle, represents “an increase of 85% on the equivalent figure of five years ago and starkly illustrates the enormous increase in data capture and processing required of APRA AMCOS in recent years.”
In other highlights, APRA’s licensing activity in Australia and NZ generated Australian $176.7 million ($167 million) in revenue, a rise of 9.8%. Revenue across new media, general public performance, broadcasting and educational licensing played a part in the uptick.
Sister organization AMCOS didn’t fare quite so well. The mechanical rights association distributed
Australian $65.1 million ($61 million) to members and affiliates, down from Australian $66.7 million ($63 million). Its net distributable income was Australian $68.1 million ($64.5 million), down from Australian $69 million ($65 million).
The transition from physical distribution of music to digital distribution has affected AMCOS “more profoundly” than APRA, with the result that the AMCOS business is “far more volatile” than APRA’s, a statement from the societies notes.
The organizations boast 87,594 members, of which 75,593 are APRA members and the remainder are aligned with AMCOS.