Back to insights Press Clippings

[Music Business Worldwide]

How music biz can make the most of its money this festival season

Simon Liddell, Director of Centtrip Music and Entertainment, explains how those involved in the live festival industry can mitigate potential currency volatility risks efficiently.

HOW THE MUSIC BIZ CAN MAKE THE MOST OF ITS MONEY THIS FESTIVAL SEASON

With the festival season just around the corner, managers are finalising their acts’ itineraries, artists are getting their sets performance-ready and promoters are gearing up to spread the word. If you are a rock band, a hip-hop artist or a DJ, a key variable in the success of any international festival and how much you will get paid this season heavily depends on how well you and your representatives will manage risks associated with currency fluctuations.

Sudden and large moves in currency markets can affect your bottom line substantially. In addition, a plethora of variables from Brexit to Trump’s presidency or slowing economic growth can move the price today and in the future in ways that are not always easy to predict.

Read the feature in full: Music Business Worldwide

Related Insight

More Insights