Dig­i­tal economy drives mu­sic boom

China Daily (Canada) - - BUSINESS -

The dig­i­tal economy is driv­ing a boom in the NewZealand mu­sic in­dus­try, gov­ern­ment min­is­ters said onWed­nes­day. An in­dus­try-com­mis­sioned re­port from Price­wa­ter­house­Coop­ers found mu­sic made a di­rect con­tri­bu­tion to the New Zealand economy of NZ$245 mil­lion ($180.71 mil­lion) last year, up from NZ$213 mil­lion in 2014, said Broad­cast­ing Min­is­terAmy Adams and Arts, Cul­ture andHer­itageMin­is­ter Mag­gie Barry. “It’s in­cred­i­bly en­cour­ag­ing to see such a pos­i­tive year for the NewZealand mu­sic in­dus­try, with four out of five mar­ket seg­ments record­ing in­creased growth rates,” Adams said in a state­ment.

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