The Dance Music Industry’s Value Slips
For people searching for a good time, dance music has always been a popular genre. However, according to a new analysis, the genre’s worth has dropped to a 10-year low.
The pandemic and a lack of nightclub and party activities have been significant factors in the drop. In addition, the analysis stated that the genre’s worth has decreased from $7.3 billion in 2020 to $3.4 billion in 2021.
However, once global lockdowns are unlocked, there might be considerable growth returning to figures seen in recent years.