Posted in: Comics | Tagged: 2000ad, britain, dc, diamond, dollar, marvel, pound, uk
Are British Creators Up For A Pay Rise… And British Readers For A Pay Out?
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…