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TOP 100 WEEKLY MARKETSHARE:
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MOVING THE NEEDLE
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Blighty Beat
GELDOF RALLIES AGAINST BREXIT
10/8/18

Bob Geldof has penned an open letter to the U.K.’s Prime Minister Theresa May—who is currently negotiating a Brexit deal with the European Commission—laying out the high cost of an exit from the EU for musicians and urging a rethink.

Ed Sheeran, Rita Ora, Damon Albarn, Jarvis Cocker, Brian Eno and others back Geldorf, reports the Observer, writing: “We are about to make a very serious mistake regarding our giant industry and the vast pool of yet undiscovered genius that lives on this little island.”

Geldof says that Brexit will have a negative impact on touring, sales, copyright legislation, and royalty collection for U.K. musicians in Europe, adding that the already impacted pound has resulted in “hugely increased equipment costs, studio hire, and touring costs.”

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