14-05-2018, 10:35
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#25
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laeva recumbens anguis
Cable Forum Team
Join Date: Jun 2006
Age: 68
Services: Premiere Collection
Posts: 43,655
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Re: Eurovision song contest 2018
https://eurovision.tv/about/faq
Quote:
How is the Eurovision Song Contest financed?
The Eurovision Song Contest is a non-profit event, mostly financed by:
contributions from the Participating Broadcasters (the so-called participation fee), adding up to €6.2 million combined. This fee is different for each country based on the solidarity principle that the strongest shoulders carry most weight. It is at the sole discretion of each Participating Broadcaster to decide if they wish to make public the financial details of their participation;
a contribution from the Host Broadcaster, which is generally between €10 and €20 million, depending on local circumstances and available resources.
a contribution from the Host City, either financially or ‘in kind’ (e.g. covering expenses of city branding, side events, security, etc.);
commercial revenue from sponsorship agreements, ticket sales, televoting and merchandise, which varies from year to year.
On average, over 90 percent of all available funds are being earmarked for the TV production and event organisation. Approximately 5% of available funds represent the budget for the EBU’s Eurovision Song Contest team and its partners. Any remaining funds are being reimbursed to the Participating Broadcasters, for as long local legislation allows such reimbursement.The budget is overlooked and approved by the Reference Group, on behalf of all Participating Broadcasters, on an annual basis.
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