Eurovision Song Contest 2009 is expected to be a loss-making enterprise, say the organizers of the Contest.
This year the budget of Eurovision is made up of five sources coming from the Russian government (about $30 million), Moscow government( $6 million), the EBU ($6 million), etc.
The official sponsors of the contest are Raiffeisenbank, Schwarzkopf, Rostelekom, Pepsi, Mary Kay and Gold Mine Beer.
The main share of the funds is spent on the stage construction, renting Olimpiisky palace, advertising, transportation, etc.
About 19 000 tickets for the final of the contest will be sold and partially distributed, however, the organizers say that revenues received from tickets will never cover expenses.
source:
www.lenta.ru
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Eurovision 2009 won't cover expenses
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