In the largest study of its kind in the region, APRA AMCOS has unveiled the results of its exhaustive report into AI in the music sector – AI and Music – revealing the technology’s significant impact on creatives.
Key concerns:
The report, conducted by Berlin-based consultation and research group Goldmedia, is based on survey responses from over 4,200 APRA AMCOS members across Australia, New Zealand, and living overseas during May/June this year, including songwriters, composers and music publishers.
Key findings:
The projected economic figures are startling. To date, there is no remuneration system that closes the AI-generated financial gap for music creators.
A range of industry experts were also interviewed, including Associate Professor Oliver Bown (UNSW), Dr Sam Whiting (RMIT), and Sophie Burbery (University of Auckland), alongside prominent Australasian songwriters and composers such as: Bernard Fanning, Caitlin Yeo, Jimmy Barnes, Kingdon Chapple-Wilson (KINGS), David Long, Kate Miller-Heidke, Chris Chetland, Missy Higgins, Peter Garrett and Tina Arena.
Read the full reports and releases - linked below.
FULL PRESS RELEASEKEY FACTS SUMMARY - AI & MUSICFULL REPORT - AI & MUSIC