Taking place in Ibiza, The annual International Music Summit (IMS) Business Report for 2019 has just been released, showcasing a variety of different trends in the Dance Music Community. While many are positive, the prevailing notion is that club attendance, and consequently, DJ pay, has gone down year-to-date. This is reflected in the biggest clubbing destination the US has to offer, Las Vegas.
According to this year’s report, fewer people are going to nightclubs and pool parties. In 2016, 15% of visitors to the city said they had been to a nightclub during their stay, which fell to just 7% in 2018. Similarly, the amount of people going to pool parties during the same period fell from 11% to 4%.The top 3 DJ's in the world today are now earning less than they made last year. While this seems completely inconsequential to the rest of us, Tiesto, The Chainsmokers, and Calvin Harris will likely be seeing lower earnings as a result of this drop.
However, there are some positives in the report. Underground and traveling artists are seeing more and more recognition and seeing more representation across lineups. Gaming and music has now also come together in a new way, especially with the advent of online music festivals and massive figures like Marshmello.
For a deeper look into the data, check out the full report here.
