Carl Cox’s departure from Space wasn’t the only hot topic of the International Music Summit Ibiza- there’s the all important topic of Dance music being bigger than it’s ever been.
According to the 28-page report conducted by the summit, all aspects of the $7.1 Billion industry are booming. For one, Electronic Music events in the United States are the only ones to show year over year growth in attendance, with EDC’s $1.3 Billion contribution to charity also cited in the report. Other metrics, including radio station output of music, Streaming revenue, and thoughts on what will further drive industry success, are detailed in the report below. And read the full business report here.