Last week saw the release of the "IMS Business Report 2014" from the International Music Summit in Ibiza. The report turned heads with its estimate of the electronic music industry's worth at $6.2 billion annually. In addition it discussed such topics as the importance of festivals and live events to electronic music and made strong connections between social media use and live events. Surprise fact: Some festival YouTube channels are more popular than the channels of the DJs that play there. The "IMS Business Report 2014: An annual study of the Electronic Music industry" was authored by Kevin Watson of...

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