Just 20% of creators make a living from dance music, despite industry growing by 34% in 2022

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Just 20% of creators made a living from dance music in 2022, despite a huge industry growth of 34% – the annual IMS Business Report has revealed.

The report, which was unveiled at the International Music Summit (IMS) at Destino Pacha, Ibiza yesterday (Wednesday, 26 April), revealed that the dance music industry had a valuation of $11.3 billion in 2022, an increase of 34% from 2021 and a 16% increase on pre-pandemic levels.

Despite this, just 20% of dance music creators solely…