Their best-known track, particularly in North America, is Virtual Insanity, which won four awards at the 1997 MTV Video Music Awards as well as a Grammy Award for Best Pop Performance by a Duo or Group with Vocals at the 40th Annual Grammy Awards.
Anyway, the answer is divinely simple. Contemporary just means art that has been and continues to be created during our lifetimes.. In other words, contemporary to us.
In a narrower sense contemporary history may refer to the history remembered by most (more than 50 percent) of human beings alive, extending to about a generation.