Generating over $4 billion a year, electronic dance music (EDM) could be transforming from a genre into a full-fledged business. DJ Mag’s Five-time world #1 and Grammy nominated DJ, Armin van Buuren, sits down in an exclusive interview with TheStreet to explain how the global phenomenon of EDM is impacting all aspects of the music industry. Performing in front of almost one million people a year, he explains that access to music is more important than buying music. He says the live performance is essential to the success of the digital music genre. He further talks about how technology has shaped the industry into the global success it is today and what it has done for his career.
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