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Are British Creators Up For A Pay Rise… And British Readers For A Pay Out?

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This is rather interesting, Despite the appeal of the Olympics, and demand for the British pound this will bring, financial forecasts are for the pound to dip dramatically against the dollar. Look.

US Dollar to UK Pound Currency Exchange Forecast

U.S. Dollars per one British Pound.  Average of Month.
Month Date Forecast
Value		 50%
Correct +/-		 80%
Correct +/-
0 Apr 2012 1.6000 0.000 0.000
1 May 2012 1.597 0.018 0.040
2 Jun 2012 1.564 0.023 0.052
3 Jul 2012 1.543 0.027 0.061
4 Aug 2012 1.484 0.030 0.067
5 Sep 2012 1.456 0.033 0.073
6 Oct 2012 1.429 0.035 0.078

What will this mean to Britain and the comics industry? Well, firstly, British creators will get paid more. A stronger dollar translates into more pounds. Which means the US publishers will be more attractive to UK publishers and 2000AD may lose out on certain creators.

The other aspect is that American comics will cost more in the UK, and Diamond supplied shops will no doubt see prices rising.

And if you're planning to travel to the US, for San Diego Comic Con say, it might be worth buying your dollars now…

Are British Creators Up For A Pay Rise… And British Readers For A Pay Out?

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Rich JohnstonAbout Rich Johnston

Founder of Bleeding Cool. The longest-serving digital news reporter in the world, since 1992. Author of The Flying Friar, Holed Up, The Avengefuls, Doctor Who: Room With A Deja Vu, The Many Murders Of Miss Cranbourne, Chase Variant. Lives in South-West London, works from Blacks on Dean Street, shops at Piranha Comics. Father of two. Political cartoonist.
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