Two numbers that don't really belong in the same sentence: $5,000. That is the total government funding The Pack Music Co-operative has received across five years and more than twenty grant applications.$420 million. That is the projected annual direct payment to unsigned Australian artists under a proposed government-backed music streaming scheme.
The distance between those two numbers is not a 'start-up' funding gap. It is a government policy choice. It's a decision, made repeatedly and across multiple government institutions, about which parts of the music ecosystem are worth investing in.
The maths of building a musician-owned streaming platform from scratch, in the country with some of the strongest streaming consumption per capita in the world, is genuinely strange.
This blog breaks down why the numbers our government has found via its own research should be the ones making the argument for The Pack.
π https://www.packmusic.au/blog/howstreamingsavedlocalmusic
#MusicPolicy #ArtsFunding #IndependentMusic #ThePackMusic #AustralianMusic #MusicIndustry #MusicEconomics #StreamingRoyalties




