Paper Diamond Announces Wynn Residency with Diplo Remix
The EDM world is a fast-moving one, and few know that better than Colorado-based producer/DJ Paper Diamond who rode a successful 2012 into performance at last year's North Coast, TommorowWorld and his own headlining tour. It's enough to keep anyone's head spinning, but Paper Diamond just keeps it coming, today announcing a Las Vegas DJ residency at The Wynn which starts March 26 at Surrender. The announcement of the eight months residency came alongside the drop of PD's remix of Diplo's "Revolution" track, which comes as part of the fellow Wynn resident's Revolution Remixes EP out today on Mad Decent and streaming below. The residency comes on the heels of Paper Diamond's 2014 headlining tour which takes off tomorrow in Birmingham and runs through March 2. Check everything out below.
Tour Dates:
1/23 Birmingham, AL Workplay *
1/24 Knoxville, TN NV *
1/25 Nashville Anthem *
1/28 Carrboro, NC Cat’s Cradle *
1/30 Asheville, NC Orange Peel *
1/31 Athens, GA GATH *
2/5 Charlottesville, VA Jefferson Theatre **
2/6 Philly TLA **
2/7 NYC Webster Hall **
2/8 Boston Paradise **
2/12 Washington DC 9:30 Club **
2/13 Syracuse, NY Westcott **
2/14 Burlington, VT Higher Ground **
2/15 Portland, ME PCMH **
2/16 Northampton, MA Pearl Street **
2/18 Pittsburgh Rex Theatre +
2/19 Columbus, Newport +
2/20 Cleveland, OH Beachland +
2/21 Detroit Magic Stick +
2/22 Grand Rapids Intersection +
2/23 Urbana Canopy Club +
2/26 Milwaukee Turner Hall +
2/27 Madison Majestic +
2/28 Chicago Concord +
3/1 Minneapolis Mill City +
3/2 Omaha, NE Slowdown +
Manic Focus *
Gent & Jawns **
Branchez+
Hardwell named No. 1 DJ
Hardwell rose up the ranks over the past year through incessant marketing, a radio show and a live set that is a highlight at every festival and lineup to become the world's number one DJ, according to DJ Mag. Ranked last year at number six, the dutch sensation hit the top spot in 2013 against stark competition from the likes of Avicii and Armiin Van Buren. I had the chance to catch him while covering Electric Daisy Carnival in Joliet this past May, check out the interview below via The Frontliner.
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Wall Street Advisor Values EDM at $20 Billion
The monster that has become Electronic Dance Music is an anomaly in the history of the music industry. This week, Wall Street veteran John Langdon and his company, Massive Advisors LLC, projected the EDM market as a "$15.0 to $20.0 billion global industry, with the major players in the global festival market achieving $4.5 billion in sales for 2012." Since the recording industry was humbled over a decade ago by Sean Fanning and peer-to-peer file sharing, the "traditional" route for artists has changed dramatically, as have the bottom lines of most labels and artists.
The surprising thing about Langdon's report is that, "The findings of the Massive White Paper show the EDM industry still is often completely ignored or misunderstood by governments and businesses worldwide -- from traditional music distributors, to apparel brands, to acoustics manufacturers." Turn on your radio. There is definitely a rock station, a hip-hop station, an oldies station, etc. I have yet to see an EDM-dedicated radio station, at least here in the Midwest. EDM is simply the first genre to emerge (or, re-emerge) in the aftermath of Napster, as technology slowly encapsulates our daily lives. EDM lives on the internet. Sites like Beatport have blown up by catering to EDM artists and fans. The best way for artists to make money these days is performing, and perhaps nowhere else in the music landscape are artists paid so much for seemingly doing so little.
An artist with a band has to split whatever he makes with everyone he performed with, plus the money to move the equipment from place to place. In contrast, EDM artists rarely need more than a computer, assorted electronic equipment, a place to stand and enormous speakers, and they get paid like kings. Earlier this month we posted a Forbes report of the top paid DJs in 2013. 23 year old Avicii, who has yet to release a full-length studio album, pulls in $20 million a year while Calvin Harris, who commands upwards of $200,000 for a performance raked in nearly half a billion dollars himself. As the genre continues to grow, it will be interesting to see if the bubble pops. Until then, dance on.
http://youtu.be/v3ZIWYVYEK0