Drug-Fueled, EDM-Obsessed Millennials Are Saving the Music Business

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Electronic dance music (EDM) is not just growing, it’s absolutely booming. The genre, which has been popular in Europe for decades but only really broke through in the US in the last couple of years, has now spawned an industry conservatively estimated to be worth $6.2 billion a year, according to figures from the Association for Electronic Music (AFEM). “No other musical genre currently embodies the tastes of young people like electronic dance music,” said the very old sounding Washington Post last week.

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