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The staggering cost of canceling the Olympics and other major events

Lovemoney Logo By Hannah Ward-Glenton of Lovemoney | Slide 2 of 31: This year the world’s biggest live music event was due to host 41 countries for a night of flamboyant pop frivolity. The live event set to take place in Rotterdam in the Netherlands was canceled, replaced by a virtual event instead, and the Dutch plan to re-host the event next year. Holding the Eurovision Song Contest for two years straight may seem like fun, but it's set to pack quite the financial punch...

Eurovision Song Contest: $36.8 million

This year the world’s biggest live music event was due to host 41 countries for a night of flamboyant pop frivolity. The live event set to take place in Rotterdam in the Netherlands was canceled, replaced by a virtual event instead, and the Dutch plan to re-host the event next year. Holding the Eurovision Song Contest for two years straight may seem like fun, but it's set to pack quite the financial punch...

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