Fewer American Artists in 23?

[Drinky]

With the strong dollar, do you think we’ll see fewer American artists on next year’s lineup as they fall out of the festival’s price range? Last year £500k would have been equivalent to $670k, whereas at the low we hit this week that would be down to about $530k. If contracts are written in dollars, it might add another element of risk for the festival.

[jannybruck]

Don't think it'll make a difference, really. The US artists on the lineup are primarily mid level to headline who'll all be touring and making money elsewhere during their trip to Europe. Stuff like Kendrick coming over for a single show is extremely rare.

It's good to remember that Glastonbury pays poorly compared to other festivals regardless of if you're a tiny band or headliner – nobody does it for the fee.

[MEGATRONICMEATWAGON]

If anything I'm expecting more American artists making the trip over. There was a noticeable lack of them on some of the main stages.

[Neil]

1 hour ago, Drinky said:

With the strong dollar, do you think we’ll see fewer American artists on next year’s lineup as they fall out of the festival’s price range? Last year £500k would have been equivalent to $670k, whereas at the low we hit this week that would be down to about $530k. If contracts are written in dollars, it might add another element of risk for the festival.

think you're right. those that come will charge a higher fee than normal, cos the weak pound will give that fee less value and make it about equivalent to normal.

[st dan]

Suppose the majority of the US based acts sandwich Glastonbury around their UK/European tour, so they would still play for the reduced fee is they are around. 
Although do suspect it will now be more difficult to entice an act over for a one off performance. 

[gfa]

2 hours ago, Drinky said:

With the strong dollar, do you think we’ll see fewer American artists on next year’s lineup as they fall out of the festival’s price range? Last year £500k would have been equivalent to $670k, whereas at the low we hit this week that would be down to about $530k. If contracts are written in dollars, it might add another element of risk for the festival.

bit early to say too - in 2 months the £ could be back to where it was a few weeks ago

[Neil]

12 minutes ago, gfa said:

bit early to say too - in 2 months the £ could be back to where it was a few weeks ago

Maybe, and perhaps crashed again by the summer, so they'll hike the price just in case. 

[gfa]

1 minute ago, Neil said:

Maybe, and perhaps crashed again by the summer, so they'll hike the price just in case. 

some acts will be booked now, some later when its fine again. pretty hard to say i think - especially when the number of US acts varies a decent bit in normal years

[Gnomicide]

I guess there will be a pay off in that it would be cheaper for them to tour. Equipment, hired hands etc. would cost less to them.

[Neil]

19 minutes ago, gfa said:

some acts will be booked now, some later when its fine again. pretty hard to say i think - especially when the number of US acts varies a decent bit in normal years

they'll be thinking what the value of their fee is likely to be at the time it gets paid.

[Neil]

mostly the fee will be in dollars.