Michael Gudinski
Michael Gudinski has returned to the summit of the AMID Power 50 in 2014, re-asserting his authority as the most powerful person in the Australian music industry.

The full list of the Power 50 - a ranking of influence, ability and achievement in the music industry - has been released on today and in the Australasian Music Industry Directory, which is now available for purchase.

It was a year of ups and downs for the Chairman of the Mushroom Group, with The Rolling Stones providing many of them. Gudinski retained, however, the ability to influence and shape the local industry like no other and receives the same #1 ranking he did in 2012.

'It's a great pride to be number one,' Gudinski says in the 2014 Australasian Music Industry Directory Power 50 Edition. 'It [holds] great significance, because we're an independent group which gives me more power to make decisions myself.'

Former business partner and rival promoter Michael Chugg was a close second in 2014 and there's an insightful interview with Chuggi on the highs - and lows - of life in the 50th anniversary year of being in the business in the current edition of AMID.

The most powerful female - and artist - in Australian music at the moment is undoubtedly Sia Furler, who ranks three this year (up 23 spots from 2013, the biggest jump of anyone on the list). As well as her own chart-topping releases, Sia's one of the most sought after songwriters and guest vocalists in the pop world. She can pick and choose who she works with.

The major labels are represented in the top ten with Universal's George Ash and Sony's Denis Handlin while tastemakers Nathan McLay and Chad Gillard of Future Classic have the Midas touch that is the envy of the rest of the industry. Last year's number oneAJ Maddah remains in the top ten as a powerhouse of the Australian festival scene, landing at seven with a rollercoaster year, with triple j's Richard Kingsmill ranked ninth and Sounds Australia's Millie Millgate in at ten.

'It gets tougher and tougher to come up with this list each year,' said AMID Editor Scott Fitzsimons. 'But the more we discussed it (it took hours, and whisky) things just seemed to fit into place. We're looking forward to having conversations about this for the next six months.'

The AMID Power 50 is determined by the editors and journalists of the Australasian Music Industry Directory following extensive industry consultation.