All the information you need to know about Eurovision's financial backers
After the UK received zero points in last Saturday's (May 22) Eurovision grand final, many Brits are wondering who funds Eurovision and how much the UK actually contributes.
The European Broadcasting Union (EUB), the world's largest union of public service media, organizes the annual event.
The Eurovision Song Contest is also co-produced by the EBU, its member broadcasters, and the public broadcaster of the preceding winning country, the host broadcaster.
The BBC is the United Kingdom's official representative in the competition.
Eurovision is funded by participating broadcasters, who contribute a total of €6 million, according to the official website. 2 million (£5 million) 2 million)
This year, 39 countries, including Australia, took part in Eurovision, and each participating country is required to pay a fee, with the largest entrants receiving the lion's share.
It is entirely up to the participating countries to reveal how much they contribute to the contest.
The host broadcaster/country is expected to donate between €10 and €20 million, depending on the country's circumstances and available resources.
The host city will be held financially or "in kind" responsible for it in order to cover the costs of city branding, side events, and security.
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Depending on which costing is hosting can vary from year to year, and 90% of all funds raised are earmarked for the grand finale, TV production, and event organization.
Any remaining funds are returned to the participating broadcasters after the show. The budget is reviewed and approved by the reference group on behalf of all participating broadcasters.
As a larger participating country, the United Kingdom is expected to be one of the competition's major contributors. Although the UK did not reveal how much they contributed to this year's competition, the most recent figures, published in 2012 via the adamsmith website, show that they contributed significantly. The BBC paid the EBU £310,000, a steady increase from £279,805 in 2009.
The BBC is thought to have paid significantly more for their entry in this year's competition.
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