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    Bout A Sport Event

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    Silvana Cordero
    The document discusses the 2020 Olympics in Tokyo that were postponed until 2021 due to the COVID-19 pandemic. It notes that the Olympics are the largest international sporting event with over 10,000 athletes from 204 countries competing in 28 sports. While holding the Olympics in 2021 is better than canceling them, it will not be very profitable for Japan which invested $35 billion to host but the IOC controls television rights revenue and local organizers only earn about $1 billion from ticket sales.

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    Bout A Sport Event

    Uploaded by

    Silvana Cordero
    23 views1 page
    The document discusses the 2020 Olympics in Tokyo that were postponed until 2021 due to the COVID-19 pandemic. It notes that the Olympics are the largest international sporting event with over 10,000 athletes from 204 countries competing in 28 sports. While holding the Olympics in 2021 is better than canceling them, it will not be very profitable for Japan which invested $35 billion to host but the IOC controls television rights revenue and local organizers only earn about $1 billion from ticket sales.

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    BOUT A SPORT EVENT - copia.docx

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    The document discusses the 2020 Olympics in Tokyo that were postponed until 2021 due to the COVID-19 pandemic. It notes that the Olympics are the largest international sporting event with over 10,000 athletes from 204 countries competing in 28 sports. While holding the Olympics in 2021 is better than canceling them, it will not be very profitable for Japan which invested $35 billion to host but the IOC controls television rights revenue and local organizers only earn about $1 billion from ticket sales.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    23 views1 page

    Bout A Sport Event

    Uploaded by

    Silvana Cordero
    The document discusses the 2020 Olympics in Tokyo that were postponed until 2021 due to the COVID-19 pandemic. It notes that the Olympics are the largest international sporting event with over 10,000 athletes from 204 countries competing in 28 sports. While holding the Olympics in 2021 is better than canceling them, it will not be very profitable for Japan which invested $35 billion to host but the IOC controls television rights revenue and local organizers only earn about $1 billion from ticket sales.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    EVIDENCE: REPORTING ABOUT A SPORT EVENT

    The 2020 Olympics in 2021

    The Olympic Games are the largest multidisciplinary international sporting


    event), with more than 10,000 athletes representing 204 countries, 300
    individual events in 28 different sports, more than 10 million tickets sold, and
    a worldwide television audience of billions.

    Promoted by the International Olympic Committee (IOC), since 1896 they


    have taken place every four years in various cities of the world, with the only
    exceptions, so far, being the editions of 1916, 1940 and 1944, due to the
    outbreak of the two world wars . The IOC has decided to delay the holding of
    the competition scheduled for this year until 2021.

    Although the celebration of Tokyo 2020 in 2021 is better than if they had
    been canceled, these Olympic Games will hardly be profitable for Japan: with
    35 billion dollars of investment spending, the IOC controls the television
    rights and leaves the local organization the income from ticket sales (about $
    1 billion).

    In fact, as they are currently managed, organizing some games is not


    economically viable for most cities, mainly and among other direct costs, due
    to the significant infrastructure investments they require. Yes they will be for
    the IOC, which will bill an amount similar to what was already planned for
    2020.

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