Global EDM industry worth $6.9bn - up 12% YoY

RHIAN JONES

The global electronic music industry is now worth $6.9bn, up 12% year-on-year, according to the International Music Summit's 2015 Business Report.

Presented today on the first day of the annual IMS in Ibiza, the figures were compiled by Kevin Watson (pictured), with data from the BPI, Forbes, Nielsen, Google and the Official Charts Company.

Dance's share of single sales in the UK reached an eight year high in 2014, claiming 27 of the top 100 selling singles ...

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