ABC Commercial
ABC Commercial, formerly ABC Enterprises, is the revenue-earning division of the Australian Broadcasting Corporation, one of the two national public broadcasters. ABC Commercial has operated in various forms since its establishment in 1974, with its primary purpose to generate income for the ABC, which is then invested in content production.
Company type
Media
ABC Enterprises
1974
The national network of retail ABC Shops closed in 2015, with the digital and few remaining brick-and-mortar retail sites having been retired at the end of 2018. ABC Commercial continues to do business in content sales and distribution; music and events; publishing and licensing; and the ABC Studios and Media Production.
Description[edit]
ABC Commercial's primary purpose is to generate income for the ABC through the sale of ABC and third-party content and intellectual property. It creates, licenses, and markets both physical and digital products globally through its business divisions as well as its own business affairs, rights clearance, royalties and finance support functions.
ABC Commercial is fully self-financed through its operations and does not receive public funding.[1]
In the financial year 2018–2019, ABC Commercial turned a profit of A$4.4 million, which was invested in content production. Of its gross revenue, 54.5% of its revenue came from sales of ABC content, 23.8% from music 9.4% from investment agencies, 6.2% from studio and media production and 5.7% from publishing.[6]