383
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 14 Jun 2025
383 points (99.0% liked)
Technology
71502 readers
4631 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
Olympic gold medals don't make money. It is for national pride. Even hosting the games does not always make money.
Actually I am Aussie. 12 years ago it was calculated that each gold medal costs us AU$12m (so about US$11m in today's money). It embarrasses me.
https://www.smh.com.au/entertainment/they-kill-us-for-their-sport-williamson-laments-arts-funding-cuts-20121115-29ejt.html
I am no fan of Eurovision but it is good value for national pride:
Eurovision is funded by participating broadcasters and this contribution is a total of €6.2 million (£5.2 million), combined.
https://www.dailystar.co.uk/tv/who-funds-eurovision-song-contest-24173525
Only 6M €? For an event of that size that feels a lot cheaper than I would have thought.
Don't forget that there is also income from advertising and ticket sales.