HALF A MILLION THE LOSS FROM
JESC 2011
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. Τhe 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.
