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It’s a $6.2B industry but, how did EDM get so popular?

There’s little question that EDM (electronic dance music) is the fastest-growing musical genre out there.

With DJs like Calvin Harris, David Guetta and Tiësto leading the pack, electronic music’s popularity has ballooned in the past decade. From festivals to radio airplay, social media and even collaborating with A-list musicians, EDM artists are getting a lot of attention — and money — from all over the place.
The numbers don’t lie. So far, Forbes’ top 10 EDM artists have racked up a combined $268 million in 2014, an 11% increase from the prior year, with top earner Harris bringing in $66 million.
How did this musical genre grow from a small, cult following into this global phenomenon we feel today? How have those who’ve stuck with it from the beginning grown with it? And where is it going next?
To obtain these answers we headed to one of the biggest festivals in the world, TomorrowWorld, to meet up with some of the genre’s key players: David Guetta, Tiësto, Steve Aoki, and EDM’s newest dynamic duo, Dimitri Vegas and Like Mike.

The origins of EDM

Electronic dance music is not a new genre. In fact, it’s been around for more than three decades. David Guetta, whose DJ days began in Paris in the late 80’s, recalls how the house/electronic music movement began when the disco era was ending. “There was a movement called ‘disco sucks’,” he says. “It was a shame to like disco, but then there was no music to dance to, so some DJs started to use old disco records, but the B-sides and the acapellas, and we began producing beats with drum machines.”

Read more .. http://www.cnn.com/2014/12/18/world/how-did-edm-get-so-popular/index.html