APRA AMCOS Announce New Board Directors and Record Revenue Results

APRA AMCOS has announced the results of its board elections, with several new and returning directors appointed.

APRA and AMCOS board directors are elected by their respective memberships through a secure ballot. The process and results of the elections are audited and verified by APRA AMCOS’s independent auditors, KPMG.

On the APRA Board, Australian writer director Jenny Morris MNZM OAM and New Zealand writer director Bic Runga were re-elected, along with publisher directors Andrew Jenkins and Damian Trotter.

Morris was also re-elected as APRA chair and Trotter as deputy chair.

Meanwhile, directors Clive Hodson and Simon Moor were re-elected to the AMCOS board, along with former alternative director Marianna Annas, and new director Craig Redfearn, from ORiGiN Music Publishing. Jaime Gough was returned as AMCOS chair and Hodson as deputy chair.

The elections took place during the APRA and AMCOS annual general meetings, which also reflected on a year of very strong growth for the organisation. 'Year In Review' annual results revealed its highest group revenue to date of $787.9 million, up 6.5% from the previous financial year.

Net distributable revenue (the amount of royalties paid out to rights holders) was up by 7.8% to $683.4m and a new ecommerce platform providing world class service for OneMusic licensees has streamlined the experience of purchasing a licence to play music, ultimately getting more money into the pockets of members, more efficiently.

Dean Ormston, CEO of APRA AMCOS, explained: “Our results show continued growth across every channel driven by streamlined efficiencies, new technology and a strong focus on service, from our improved member portals through to our licensing one-stop shop.

“As always, advocating for our members’ rights, from local content obligations to future-proofing the opportunities and threats that AI brings, is front of mind and we will continue to bang the drum as loud as we can with government and across our industry to ensure local songwriters and composers are seen and heard.”