Arcadia Records was founded in 2019 in California and is looking to expand internationally. Australia is being considered as the first market for international expansion due to its rich cultural music scene, embrace of all genres, and status as the 6th largest music market and for digital sales globally. Australia also has high median wealth, a low unemployment rate around 5%, and a stable economy and political system which suggest Arcadia could see success there. The global music industry is growing and expanding into Australia could help Arcadia keep up with trends and work with Australian artists.