Denmark pulled Eurovision off perfectly. It delivered three entertaining shows, which likely explain why they attracted record ratings. But were all the flash, pangs and LED screens worth the price tag?
The Copenhagen Post reports that this year’s Eurovision has actually resulted in losses of 20.3 million kroner, which is around 2.7 million euros. Those in-the-know expect that more bills will appear in the coming weeks and months.
Wonderful Copenhagen, the company behind the event, reduced the reported expense of the contest by factoring in the sale of 8.5 million kroners worth of installations. The catch is that these installations have not actually been sold.
“It is pure speculation whether they can sell these installations and reduce the losses,” Anders Drejer of Aalborg University has said. “But they have no clear idea.”
There is even talk that a subsidiary of Wonderful Copenhagen could come to legal blows with DR, Denmark’s state broadcaster, over various loans. Drama!
Losing money is a shame, but the technology and the amount of staff in action in B&W Hallerne makes it somewhat understandable. Glamour doesn’t come cheap, y’all. Here’s a bit of the stage in action:
Do you think that Europe’s Favourite TV Show is really worth the cost? Let us know in the comments section below.
Photo Source: eurovision.tv (EBU)