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Entertainment • 2h ago

Australia’s Recorded Music Business Reports ‘Moderate’ Growth For 2025

Australia’s Recorded Music Business Reports ‘Moderate’ Growth For 2025
**Australia's Music Industry Records Slight Growth in 2025** Nigeria's music industry has been growing rapidly in recent years, but how is the music business faring in Australia? According to the Australian Recording Industry Association (ARIA), the country's recorded music industry saw a moderate 1.4% growth in 2025, with total sales reaching A$727 million (approximately N3.4 trillion). While this growth may seem slow compared to the global average, it's still a significant increase, marking the seventh consecutive year of upward progress. The boost is attributed to the resurgence of CD sales, which added A$5 million (approximately N24 million) to the total sales, and subscription platforms, which saw a A$7 million (approximately N33 million) increase. However, the growth in the music industry is not as robust as it was in previous years. Ad-supported streaming services, which were once a major driver of growth, saw a mere 0.4% increase. This slowdown is a concern, especially in a time of economic uncertainty. Globally, the music industry reported a 6.4% growth in 2025, with revenue reaching US$31.7 billion (approximately N14.5 trillion). China was a standout, with a 20.1% growth and a jump to the fourth-largest global market. Australia, on the other hand, dropped out of the top 10 in 2024 and doesn't seem to be heading back to the top tier anytime soon. "We're pleased to see another year of growth in the music industry, despite the challenges posed by the streaming market," said ARIA CEO Annabelle Herd. "The surge in physical sales shows that fans want to engage with music in deeper ways." This trend is not unique to Australia. Other mature recorded music markets in Europe have also seen slowed but sustained growth. The Nigerian music industry can learn from this trend, focusing on developing and backing local artists, while also exploring new ways to engage with fans. As the music industry continues to evolve, it's essential to stay adaptable and innovative to maintain growth and relevance.
Source: Original Article • AI-enhanced version for clarity & Nigerian context

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