EUROVISION is one of the biggest music shows in the world and it comes with a hefty cost.
Each country dedicated millions to the event in hopes of becoming crowned the winner. Take a look here to see how much the singers get paid for taking part.
How much are the singers on Eurovision paid?
While many countries pay hundreds of thousands to participate in Eurovision, it remains unknown how much it pays their performers.
In some countries, the entrants are expected to fund their own performances.
However, It is believed that they may be able to regain their expenditure from the sales of their songs.
Once we have any updates, we will let you know.
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What's the cost of Eurovision each year?
Each year the cost of Eurovision varies as it depends don't the contributions from all the partitioning nations.
However, Eurovision TV explained that the cost is around €6.2 million (£5.3 million) when combined.
The fee is different for each country, depending on factors such as GDP to its size.
Eurovision states that the payment is broken down by which countries “carry the most weight” in the competition.
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The host nation's broadcaster also contributes anywhere between €10 and €20 million (£8.6 and £17.2 million).
Once again, this depends on local circumstances and available resources to the nation and its broadcaster.
This can be done either financially or in kind, e.g covering the expenses of city branding, side events, security etc.
Ticket sales, merchandise and commercial revenue from agreed sponsorship all contribute to the cost.
The Big Five Nations are believed to contribute the most each year.
However, the Big Five Nations (UK, Germany, France, Italy and Spain) are believed to contribute the most each year.
How much have the UK paid to be on Eurovision?
It is currently known what the UK has paid for their participation in the Eurovision Song Contest 2022.
The latest year which revealed how much the UK has paid to enter come from 2012, according to the adamsmith.org blog.
The blog states that the BBC paid £310,000 to take part in the competition.
The money was given directly to the European Broadcasting Union – the organisation that runs the event.
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This figure was a steady increase from £279,805 in 2009.
It is believed that the BBC would have paid significantly more for their entry in this year's song contest.
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