WHOLESALE SALES
Data from the Australian Recording Industry Association Ltd. (ARIA) for the year ending December 2007 showed that the value of wholesale sales of sound recordings and music videos totalled $462.2m. Sales of CDs accounted for 79.8% of total sales, down from 82% in 2006 and music videos and DVDs accounted for a further 11.5%, up from 9.6% in 2006. Digital sales have increased markedly since 2006, up by 43.5%. This in addition to an increase from 2005 to 2006 of 250%. Digital sales accounted for 8.6% of total music sales in 2007, up from 5.4% in 2006.
13.1 NET WHOLESALE SALES OF SOUND RECORDINGS AND MUSIC VIDEOS(a) - Year ending Dec 2007 |
| |
| Number | Value | |
Music format | 000 | $'000 | |
| |
Vinyl singles | 3 | 23 | |
Cassette singles | - | - | |
CD singles | 2 498 | 6 711 | |
DVD singles/other(b) | 9 | 70 | |
Vinyl | 18 | 199 | |
Cassette | 11 | 54 | |
CD | 44 045 | 362 061 | |
DVD albums/other(b) | 7 | 99 | |
Music video/DVD | 5 275 | 53 020 | |
Digital | 47 267 | 39 964 | |
Total | 99 133 | 462 201 | |
| |
(a) These figures are based on submissions from reporting ARIA members, and is estimate to represent 95% of the local market. |
(b) 'Other' includes sales of Mini Disks and SACD. |
Source: Australian Recording Industry Association, www.aria.com.au |
See Chapter 3 for information on household expenditure on music.