Basel's Financial Proposal for Eurovision 2025 to be Discussed on September 11
Exciting developments for the Eurovision Song Contest 2025! Following the
decision by SRG to host the event in Basel, the city is moving forward with
preparations. On September 11, 2024, the Grand Council will review a financing
proposal for a net expenditure of 34.9 million Swiss francs, ensuring Basel is
ready to welcome Eurovision fans from all corners of the globe.
Economic Impact
A study by the European Broadcasting Union (EBU) revealed that the
2024 contest in Malmö reached over 160 million TV viewers and attracted more
than 80 million YouTube users worldwide. The advertising value of the event was
estimated at a staggering 805 million euros, alongside several hundred million
social media interactions.
The benefits extend beyond media exposure, with significant financial gains
for host cities. A recent University of Liverpool study found that Eurovision
2023 in Liverpool generated an added value of 62 million Swiss francs across
the hospitality, catering, and retail sectors. An influx of 500,000 visitors
came to Liverpool, occupying 175,000 hotel rooms during the Eurovision period.
A Golden Opportunity for Basel
Hosting Eurovision 2025 is a golden opportunity for Basel to showcase its
cultural heritage and vibrant modernity on a global stage, while reaping the
economic rewards of increased tourism and business activity. All eyes will be
on the Grand Council’s decision as Basel prepares for what could be its most
high-profile event in history.
Source: SRF
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