NZ Music Market Shrinks
Lorde’s global success has not translated to New Zealand’s music profits.
Photo: John Davisson
Coachella Valley Music & Arts Festival, Empire Polo Field, Indio, Calif.
According to a PricewaterhouseCoopers report, the country’s music market was worth NZ$212 million ($180 million) in 2013, a NZ$9 million fall on 2012.
PWC estimated that in 2018 the music business worth will decrease by 1.7 percent to NZ$195 million.
FREE
Daily Pulse
Subscribe
Daily Pulse
Subscribe