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How are artists being paid? What is the music streaming services influence?

EDM and the music industry

  • EDM: festival oriented variety of electronic music genres
  • Music industry: music related trends and businesses
  • Streaming services: Premium on-demand music libraries

Some context

How popular is EDM ?

Source: Google Trends for term "EDM"

EDM as a business

Source: International Music Summit Business, Billboard, Pioneer, www.ra.co

Are artists even getting paid?

Source: www.informationisbeautiful.net

How important are streaming services

Source: Statista

  1. EDM but music in general is a real industry
  2. Covid-19 made big changes
  3. Streaming is taking over

What to remember

Thank you!