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By Toilet Duck · Posted
Fair play… https://www.theguardian.com/music/2024/sep/17/coldplay-to-donate-10-of-band-earnings-from-2025-uk-tour-to-music-venue-trust -
While it's true that inflation is much lower, that may not tell the story here. Firstly because inflation isn't even close to equal across all sectors, and the festival is much more exposed to some sectors than others. Secondly because we don't know whether or how much they've tried to cushion the price rises in previous years by absorbing some of the rises - they may need to rise costs above inflation just to get back "level". Thirdly because they may be looking to put a bit extra in the bank to cover them through the 2026 fallow year - we know from the accounts that GFLs rainy day savings were pretty much wiped out during the COVID enforced fallow years, but don't know the current situation yet.
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By Crazyfool01 · Posted
Suspect most new things will come post fallow year now .... this will be a holding year in terms of new things at a guess -
He actually posted this a couple of weeks ago too so either he's got dementia or he just likes to keep repeating his bile because he can't think of anything else to say.
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