Everyone’s talking about the Edm bubble these days – well, they were already talking about it a few years ago, but in the wake of SFX Entertainment’s chapter 11 bankruptcy filing in February, we’re all finding ourselves talking about it again. That means disco has to be dead for real this time, right?
It might surprise some of our readership to learn this, but a bubble is an actual, measurable economic concept – not just a hyperbole music writers use to get more clicks by warning of the impending Edm end of times. An economy bubble occurs when the perceived value of a market or industry exceeds its actual value, meaning that by and large, the people who invested in it receive less than what they put in.
That may not sound like a big deal when laid out in such cut-and-dry terms, but you can’t ignore how much...
It might surprise some of our readership to learn this, but a bubble is an actual, measurable economic concept – not just a hyperbole music writers use to get more clicks by warning of the impending Edm end of times. An economy bubble occurs when the perceived value of a market or industry exceeds its actual value, meaning that by and large, the people who invested in it receive less than what they put in.
That may not sound like a big deal when laid out in such cut-and-dry terms, but you can’t ignore how much...
- 4/29/2016
- by John Cameron
- We Got This Covered
It’s hard to think of a force in the entertainment industry that’s been as pervasive as electronic dance music has been over the past several years. The meteoric growth of festivals coupled with the proliferation of new technologies like music streaming services created a perfect storm that made the musical movement a ubiquitous part of the millennial experience, and business moguls the world over sought to cash in. If leading research can be counted on, though, the rate of growth of the industry could finally be slowing down.
The business reports presented by “dancenomics” expert Kevin Watson at the annual Internation Music Summit conference in Ibiza have served as perhaps the most reliable barometer of various goings on in the ever-expanding industry. The report he has presented during the most recent addition exhibits indicators that more than one sector of the industry is seeing a slowed rate of increase in revenue.
The business reports presented by “dancenomics” expert Kevin Watson at the annual Internation Music Summit conference in Ibiza have served as perhaps the most reliable barometer of various goings on in the ever-expanding industry. The report he has presented during the most recent addition exhibits indicators that more than one sector of the industry is seeing a slowed rate of increase in revenue.
- 5/27/2015
- by John Cameron
- We Got This Covered
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