they have well-known bands too

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kadioguy

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Joined
Mar 4, 2017
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Chinese
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Taiwan
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[From a TOEIC test]

W: You know the music festival that's starting this weekend?

M: Um... someone mentioned it. Is it any good?

W: It's great! Mostly small folk groups, but they have well-known bands too. Some of us go every year - you want to join us?

[...]
[Source]
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What does "they" refer to? The performers? So "The performers have well-known bands, too". Is that right? :unsure:
 
'They' refers to the (organisers of the) music festival.
 
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