Dance Music Industry Continues To Climb, Now At $7.4 Billion Dollar Valuation

Posted at May 25th, 2017 | by Yash Vikram Singh | in Dance Music, Entertainment, Featured, News

The Dance Music industry may not be the biggest but it’s rise is commendable. It continues to grow and climb at an incredible rate. Every year the IMS business report comes out and it portrays how much the industry has actually grown.

This year it is set to be valued at $7.4 billion dollars. These stats come out right after the International Music Summit held in Ibiza. This report disseminates that there has been a rise in streaming subscriptions, 65% precisely pursuant to Spotify.

Other stats include; millennials are 40% more likely to attend a DJ club gig in the US. another take from the report was that DJ’s are gaining followers on Instagram 11 times faster than on Facebook.

IMS 2017 is still going on and there will be more facts presented in the next 3 days.

Source: YourEDM

Yash Vikram Singh

TALK OF THE TOWN

Psy Legends Vini Vici Are Coming To India This November

Psychedelic Trance dignitary Vini Vici are planning an India tour later thi ...

20 Night Clubs In India That You Need To Party At

There are very little things that may beat going out partying that would ma ...

One Republic Are Coming To India Next Month

One of the greatest Pop-Rock bands of our time are hitting up India next mo ...

Troyboi Is Coming Back For An India Tour This Month

It seems like Troyboi will be coming back for more after his debut India to ...

10 Night Clubs In Mumbai That You Must Party At

Not every soul would agree but Mumbai is the most exquisite city when it co ...

Cafés In Mumbai That Won't Burn A Hole In Your Pocket

Mumbai is yuuge and as a result there are loads and loads of quirky and min ...

TRENDING

Dj Khaled Release 6 Video Tracks Back-to-Back In 2 Days

DJ Khaled seems to be on a roll and also rumoured to be releasing an album ...

Wu Tang Clan EP To Come Out After Hit Docu Series Airs

Currently, rap mega group Wu Tang Clan are touring in the US to mark ...

Celebrate Martin Garrix's Birthday With His Best Tracks

Martin Garrix is a Dutch DJ and record producer from, Amstelveen and ...

Experience Lucky Ali Live in Delhi

The voice that has been a staple in the collective memory of our nation con ...

Rihanna and Louis Vuitton Set to Launch Luxury Label Fenty

The queen of pop has kept quiet when it comes to releasing new music but he ...

Budweiser's BUDX Now In Bangalore

  The global beer giant Budweiser has been taking a keen intere ...


Find Events

In your city, in your neighbourhood. Coming soon.

What’s Trending

What trends never ends.

@grapevineonline

Follow Us on Insta for #GVOStuff