Rave reviews: Electronic music report
With revenues growing to $11.3bn in 2022, the genre’s impact on live events has never been greater. DJ Mag editor-in-chief Carl Loben reports
Feature By IQ | 25 July 2023
With the annual IMS Report noting that electronic music revenues grew by more than one third to reach $11.3 billion in 2022, and that nearly half of all dance music revenue came from festivals and clubs, the genre’s impact on live events has never been greater.
DJ Mag editor-in-chief Carl Loben reports.
The rise of electronic music has been embraced – some might argue facilitated – by festival organisers the world over creating dance arenas as part of their annual offerings…