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Half A Million The Loss From JESC 2011

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  • Half A Million The Loss From JESC 2011

    HALF A MILLION THE LOSS FROM JESC 2011

    oikotimes.com
    http://www.oikotimes.com/eurovision/2011/11/22/half-a-million-the-loss-from-jesc-2011/
    Nov 22 2011
    Greece

    Posted by SUBMITTED on Nov 22, 2011 in ARMENIA, JESC

    The Public Television of Armenia established the "Junior Eurovision
    2011 Yerevan" Fund, which will organize the Junior Eurovision Song
    Contest 2011 to be held in the capital Yerevan, on December 2 and 3.

    The Contest's revenue and spending estimations are already posted on
    the Government's official website.

    In line with this assessment, the revenues are expected to be around
    US$ 1.4 million, whereas the expenditures, $1.85 million. That is,
    Junior Eurovision 2011's budget deficit is approximately $450
    thousand, and this deficit will be covered by Armenia's State Budget.

    Incidentally, ticket prices for the December 2 concert range between
    3-15 thousand drams ($8-$39), whereas the December 3 concert tickets
    are sold for 5-100 thousand drams ($13-$259). To note, the 3 or 5
    thousand dram tickets were sold out long ago. The aforesaid Fund's
    largest amount (around $720 thousand) will be spent for the event's
    technical part and HDR recording.

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