EDM on the Rise in North America – Now Worth $1.9 billion Per Year
It has been reported that the North American electronic music industry to be $1.9 billion.
According to the report, the electronic industry represents 30% of the $6.2 billion global industry.
Revenue comes from live events, physical and digital sales, streams and DJ platforms.
The study analysed Nielsen data and found that sales of dance tracks represented a 4.6% share in 2014, a 1.5% increase from 2011.
Dance music was also found to be the fourth most popular genre after hip hop, rock and pop.