The electronic music industry “shrank by 54%” in 2020

The electronic music industry shrank in value by 54% in 2020, according to a new report released yesterday by the International Music Summit. The report, which outlines trends, numbers, facts and figures for the electronic music industry over the last year, was released on June 28th, showed that the industry was now at its lowest value since 2012, having had $3.9bn wiped off its value by the pandemic. Continue reading