Music biz pounded by sterling crash

Daniel Gumble

The music industry is starting to feel the full force of Brexit via the sterling value crash, according to some of the biz’s leading execs.

The pound has remained at an all-time low following the ‘flash crash’ in early October, plummeting against the dollar and the Euro.

“It already has [started to make an impact] because the dollar rate’s screwed and it’s costing us a load more money,” John Giddings, Solo Agency MD and Isle Of Wight Festival organiser, told ...

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