Are Megacorporations and Wall Street Killing Electronic Dance Music?
Over the last two years, electronic music has become bigger across the United States than at any point in history, even at the height of the rave era in the 1990s. For lifelong fans, its sudden rise has been astonishing. For years, while house and techno were born essentially in the Midwest of America, those of us stranded stateside have looked on as electronic became a staple of European pop culture, while we were left seeking out underground clubs and boutique record stores, feeling niche-ier than ever. But now, dance music is so mainstream that the corporate powers that be have rebranded it—electronic dance music, or EDM, which self-respecting dance music fans tend to despise.
[…]As the Future of Music Coalition points out, there’s a chasm of difference between what we consider a “better dance music experience,” and what a white-collar corporate mogul considers a better dance music experience.