Copyright Council publishes new report on economic contribution of copyright industries

The Australian Copyright Council (ACC) has published a report by Pricewaterhouse Coopers on the economic contribution of Australian copyright industries from 2002-2016, the fifth report of its kind commissioned by the ACC.

The report, which compares Australian and other economies over time, found that Australian industries under copyright generated $122.8bn in 2016, about seven percent of GDP, making it the third biggest industry in the Australian economy. It also found copyright industries employ over one million Australians (8.6% of the workforce) and generated about $6.6bn in exports in 2016.

Software and database industries have grown at twice the rate of copyright industries as a whole, while press and literature industries are down: in 2016, press and literature added $89.21m, a drop of 2.1% over the past five years.

To read the report, click here.

Category: Local news