Tuesday, 2 December 2008

Credit crunch hits rock ‘n’ roll

I was due to go to see the Counting Crows on Friday at Wembley Arena for a bit of Country Rock but I’ve just been told the gig has been postponed because of the fluctuations in the currency market. If you don’t believe me, just check out the bands' website and they admit:

I'm sure everyone's painfully aware of how hard it is for anyone to afford to spend money on anything right now but the fact that every currency in the world is acting a yo-yo at the moment also means that it's very difficult for anyone, bands and promoters alike, to make a deal because no one has any way of knowing if cutting a deal in Australian Dollars or ours or the Euro or the Pound is going to turn out to be a be a good thing or bankrupt you. It makes international tours tough to figure out.

We just decided that it made more sense to move things to May when, hopefully, things will have settled down a bit. It also seemed like it might be an easier time for people to be able to afford to spend their hard-earned money on something like a concert.

It’s hardly the best excuse to scrap a rock and roll concert. You couldn’t imagine The Stones cancelling a gig in the sixties because of the pound’s devaluation. It might be something you would expect from Phil Collins, Paul McCartney or the Pet Shop Boys, but it’s not supposed to happen to the bands I like.

It's another thing to blame Mr Brown and Mr Darling for.

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