Скачать или смотреть Crazy Overspending! Did the Paris Olympics make money or lose money?

The Paris Olympics, despite attracting global attention and record-breaking viewership, faces economic challenges with a budget shortfall and potential losses. While ticket sales and sponsorship revenue provide short-term economic stimulus, the Olympics historically result in financial deficits for host cities, with only a few exceptions like Sydney and Beijing. Cost-cutting measures, such as utilizing existing venues and reducing expenses, aim to mitigate financial risks, but overspending remains a concern. The economic impact of hosting the Olympics is complex, involving a balance of revenue sources like broadcasting rights, sponsorship deals, ticket sales, and licensed merchandise. While the Olympics offer opportunities for economic development and infrastructure improvements, the financial viability of hosting such mega-events remains a topic of debate.