5 interesting things to know about the Rio Olympics 2016 Opening Ceremony

Daily Schedule of Events in IST on 12th August 2016

 

3) Budget

The budget is much less than the London Olympics 2012. Moreover, Brazil cut the allotted budget by close to 50% thanks to economic crisis. The creative director of ceremonies Fernando Meirelles said “When we started we were rich, we had an international crew, we watched some shows in Vegas, we were very ambitious with the technology we wanted to use. We were looking at a budget of $113.9 million (for all four ceremonies). But little by little it has been cut and now our budget is $55.9m for four ceremonies.”

Post Edited By: Utkarsh Bhatla
India at Olympics Olympics 2016 Opening ceremony Rio 2016 Rio Olympics

About the author

Sivaramakrishnan S

I love sports. I’m currently pursuing MBA and despite the rat race that’s going on around me, I still like watching test matches. I'm passionate about Chelsea and CSK.

Don’t miss these