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Overheard @ EDMbiz in Las Vegas: Day 1

576852_10101126382028241_1118909859_nEDMbiz, the inaugural industry conference for electronic dance music and precursor to this weekend’s massive Electric Daisy Carnival (EDC), is well underway at the Cosmopolitan Hotel in Las Vegas. Our very own Hisham Dahud is on site for the event and has been live tweeting key quotes and takeaways from this first-of-its-kind event (follow @Hypebot for live coverage). Below are just a few of the noteworthy quotes overheard during EDMbiz, with a full recap following the conclusion of the event:

Overheard @ EDMbiz: Day 1

"The growth of EDM is directly tied with the growth of social media; the audience lives totally online." - Richard Bishop, Red Light Management

“Commercial artists have begun integrating EDM, bringing it into popular culture. When it's in pop culture, it becomes a success.” – Jason Strauss, Managing Partner @ TAO Group

"There will definitely be a leveling in the market; the Vegas EDM scene is a bubble waiting to pop." - Polo Melina, Founder of Rocketpop Management

"EDM artists should not pigeonhole themselves to a hot 'sub-genere of the week' such as dubstep. It may not be as hot next year." – Matt Rodriquez, Agent for AM Only

The next move [for EDC] is to build a venue, sort of like a grown up Disneyland." – Pasquale Rotella, CEO/Founder Insomniac

EDM is the genre of the future.” -Michael Rapino, CEO Live Nation

"The best way to get people to go to more shows is to leverage the people that are already going." -Michael Rapino, CEO Live Nation

MORE: EDMbiz Invades Las Vegas, and Why EDM Matters More Now Than Ever

Hisham Dahud is a Senior Analyst for Hypebot.com. Additionally, he is the head of Business Development for Fame House, LLC and an independent musician. Follow him on Twitter: @HishamDahud