Digital music services top earners for NZ artists
Recorded Music NZ releases wholesale figures for 2013
• Digital music revenues now make up 51% of revenue by format at 27.9 million
• Streaming revenues have tripled and are now 9% of total revenue by format
• Digital album sales rose by 3%
• Vinyl album sales up 29%
• Phenomenal year for local NZ releases. NZ Singles and Albums up significantly
Recorded Music NZ, the industry representation and licensing organisation for recording artists and their labels, today
(31 March) released its wholesale figures for the New Zealand recorded music industry in 2013.
Digital music services are now the number one source of revenue for rights owners accounting for 51 per cent of all
music sales by format, overtaking physical music products for the first time.
2013 was also a year of massive growth for streaming services and adoption by Kiwis. Music streaming revenues have
tripled since 2012 and now make up approximately nine per cent of all revenues by format. There was also modest growth
in digital album purchases an increase of three per cent in 2013.
Whilst increases in digital revenue fell short of countering the decline in physical album purchases (down 24 per cent),
vinyl sales - accounting for only a small fraction of the overall revenues - were up 29 per cent in 2013.
This transition period experienced by the NZ Recorded Music industry in 2013 resulted in a decrease of 9.84 per cent in
annual recorded music revenues.
Recorded Music NZ CEO Damian Vaughan is encouraged that the local recorded music industry is in a very strong position
by which to prosper in this new environment.
“Music is always at the forefront of technology and as our industry is in a state of transition it’s encouraging to see
the rapid growth and take up of streaming services by New Zealanders,” says Vaughan. “While our industry adapts and
evolves, it’s quite clear that in 2014 there are multitude of ways to access and consume music – whether it is
streaming, purchasing downloads or visiting the local record store.”
Further information regarding the legal music and download services available to New Zealanders can be found at www.promusic.co.nz
Recorded Music NZ Chairman Chris Caddick is also buoyed by the passionate support for local music and the exciting year
ahead.
“The value of music to the NZ economy and cultural landscape is significant. As the Kiwi music fan embraces the digital
landscape, it’s clear that support for NZ Music is very strong which mirrors the phenomenal list of releases that our
local artists produced in 2013,” adds Caddick.
Recorded Music NZ has previously released its end-of-year NZ Top 40 Charts results for 2013 which are summarised below.
2013 Album and Singles Charts
2013 Top Selling SinglesTitleArtist1Blurred LinesRobin Thicke feat. TI And Pharrell2RoyalsLorde3Just Give Me A ReasonPink feat. Nate Ruess4RoarKaty Perry5ImpossibleJames Arthur6Let Her GoPassenger7RadioactiveImagine Dragons8Wake Me UpAvicii9Get LuckyDaft Punk feat. Pharrell10When I Was Your ManBruno Mars
2013 Top Selling AlbumsTitleArtist1Sol3 MioSol3 Mio2Pure HeroineLorde3Unorthodox JukeboxBruno Mars4The Truth About LovePink5The Love Club EPLorde6PlusEd Sheeran7Midnight MemoriesOne Direction8PrismKaty Perry925 Years: The Chain Box SetFleetwood Mac10BlackbirdFat Freddy’s Drop
2013 Top Selling NZ SinglesTitleArtist1RoyalsLorde2Take It EasyStan Walker3Tennis CourtLorde4BonesGinny Blackmore5It's Worth ItJackie Thomas6BulletproofStan Walker7TeamLorde8Walking On WaterBenny Tipene9In ColourShapeshifter10Runnin'David Dallas
2013 Top Selling NZ AlbumsRankTitleArtist1Sol3 MioSol3 Mio2Pure HeroineLorde3The Love Club EPLorde4BlackbirdFat Freddy's Drop5DeltaShapeshifter6Beautiful Lady: The Very Best OfPatsy Riggir7Jackie ThomasJackie Thomas8The Very Best Of: 1973 - 2013Suzanne Prentice9Six60Six6010The Complete CollectionStan Walker
ENDS