{"id":24310,"date":"2015-08-29T13:00:08","date_gmt":"2015-08-29T06:00:08","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-business-model-for-the-creative-industries-is-broken\/"},"modified":"2016-08-29T21:49:16","modified_gmt":"2016-08-29T14:49:16","slug":"the-business-model-for-the-creative-industries-is-broken","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-business-model-for-the-creative-industries-is-broken\/","title":{"rendered":"The business model for the creative industries is broken"},"content":{"rendered":"


\nWelcome to Edinburgh, site of the perfect capitalist model: where the owners of assets such as hotels skim off large profits, while the people who make those profits possible walk away pennilessHow much is a pint of Guinness, I asked the barman at the Gilded Balloon, one of the major venues for the Edinburgh fringe festival. \u201cIt\u2019s \u00a35 \u2013 but it will be \u00a33.60 when the festival is over,\u201d he said, with admirable candour. So-called \u201csurge pricing\u201d has come in for a lot of stick after online taxi firm Uber was found to be tripling fares during London\u2019s tube strike. But if you want to really be taken for a ride, head to Edinburgh.The city\u2019s festival is vast, exuberant and intoxicating \u2013 and a giddy opportunity for price gouging that almost every business in town takes advantage of. It is the perfect capitalist model: the owners of assets such as hotels and restaurants skim off large profits, while the people who make those profits possible \u2013 the performers sweating in the city\u2019s aircon-dodging venues \u2013 walk away penniless. Continue reading…
\n
\nSource : theguardian.com
\nRead more…The business model for the creative industries is broken<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Welcome to Edinburgh, site of the perfect capitalist model: where the owners of assets such...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-24310","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-6k6","jetpack-related-posts":[{"id":129296,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-edinburgh-fringe-has-a-high-price-for-locals-as-well-as-performers-letter\/","url_meta":{"origin":24310,"position":0},"title":"The Edinburgh fringe has a high price for locals as well as performers | Letter","date":"September 4, 2022","format":false,"excerpt":"\r Short-term lets and austerity-weakened services have degraded the world heritage site, writes Cliff Hague of the Cockburn Association (Edinburgh\u2019s Civic Trust)Brian Logan recognises that the Edinburgh fringe festival must reform (The Edinburgh fringe is too long, too expensive and too gruelling. It must change or die, 29 August).However, his\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101346,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lets-move-to-portobello-edinburgh-it-has-a-rio-like-promenade\/","url_meta":{"origin":24310,"position":1},"title":"Let\u2019s move to Portobello, Edinburgh: \u2018It has a Rio-like promenade\u2019","date":"November 16, 2018","format":false,"excerpt":"\r Sand, sea ... shame about the climateWhat\u2019s going for it? I always forget Edinburgh has a seaside. This would make the city perfect (all the best cities have a seaside), were it not for the distinctly un-Rio-like climate. Instead it\u2019s almost perfect. For, although Portobello lacks Copacabana and 30C\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143260,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/on-my-radar-alison-balsoms-cultural-highlights\/","url_meta":{"origin":24310,"position":2},"title":"On my radar: Alison Balsom\u2019s cultural highlights","date":"March 30, 2024","format":false,"excerpt":"\r The classical trumpeter on a complex marital drama, an uncompromising violinist and a garden that feels like stepping back in timeAlison Balsom is an award-winning classical trumpeter. Born in Hertfordshire in 1978, she began playing the trumpet at seven and graduated from the Guildhall School of Music and Drama\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69384,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-turns-venture-capitalist-in-hunt-for-new-income\/","url_meta":{"origin":24310,"position":3},"title":"The Guardian turns venture capitalist in hunt for new income","date":"October 18, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...The Guardian turns venture capitalist in hunt for new income","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51655,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-happens-when-your-san-francisco-neighbor-is-a-venture-capitalist\/","url_meta":{"origin":24310,"position":4},"title":"What happens when your San Francisco neighbor is a venture capitalist","date":"April 12, 2017","format":false,"excerpt":"\r \r \r Source : cnbc.com\r Read more...What happens when your San Francisco neighbor is a venture capitalist","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73097,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/anti-capitalist-groups-in-frankfurt-have-protested-banker-influx\/","url_meta":{"origin":24310,"position":5},"title":"Anti-capitalist groups in Frankfurt have protested banker influx","date":"November 28, 2017","format":false,"excerpt":"\r CNBC Annette Weisbach reports from Frankfurt, Germany, on the impact of an influx of jobs to the European financial center.\r \r Source : cnbc.com\r Read more...Anti-capitalist groups in Frankfurt have protested banker influx","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/24310"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=24310"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/24310\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=24310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=24310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=24310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}