North American electronic music industry worth $1.9bn
A report presented by Danceonomics’ Kevin Watson, at IMS engage in LA this week, revealed the value of 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.
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