Page 17 - CONNECT 2023-24
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Viewers should be inspired by the personality             from the real story of the player. Real stories
       and achievements rather than the personal                 inspire the youth to follow the path that the
       life of the player.                                       player has taken. Biopics should not convey
       In my opinion, many times it is easy to see               a different message to the youth. Viewers
       what is dramatized and what seems to be real              on the other hand should watch movies as
       if watched carefully. Movies are considered               creative adaptions of the players’ stories
       to be a means of communication and social                 rather than real adaptions of the lives of the
       messaging. Movies should not deviate a lot                players.



                               Financing Major Sports Tournament





                                                                                                    - Ishita Mishra

       Major sporting events, such as the World Cup,             important events in person. Ticket costs can
       and the Olympics, captivate the attention                 range from inexpensive for regular seats
       of the world and produce enormous                         too  costly  for  VIP  packages,  all  of  which
       enthusiasm among sports lovers. However,                  contribute significantly to overall revenue.
       the  magnificence  and  scale  of  these                  3. Government Support
       events  necessitate  similarly  large  financial          Major  sports  tournaments  are  frequently
       investments. Hosting big sports tournaments               supported  financially  by  host  countries
       is a multidimensional endeavour that                      or    cities.   Infrastructure      development,
       includes obtaining funds from a variety of                transportation improvements, and venue
       sources, managing expenses, and assuring                  building or refurbishment are usual recipients
       a long-term legacy. In this post, we’ll delve             of this funding. While these expenditures can
       into  the  complex  realm  of  major  sports              be significant, they are frequently regarded
       tournament funding, looking at revenue                    as a long-term commitment to the city’s
       sources, associated costs, and the economic               economic growth and tourism potential.
       impact of these events.                                   4. Merchandising
                                                                 Official  stuff,  including  as  jerseys,  hats,
       Revenue Sources                                           and other souvenirs, is a valuable cash
       1. Advertising and Sponsorships                           source. Fans are keen to buy merchandise
       Sponsorships are a key source of money                    commemorating their presence or support
       for big sporting events. Corporations who                 of these historic events, and tournament
       want  to  associate  their  names  with  the              organisers take advantage of this desire.
       prominence  and global  audience  of these                5. Rights to Broadcasting
       events spend a lot of money on sponsorship                The exclusive rights to broadcast these
       deals. This comprises both local and                      competitions  are paid  for by television
       international businesses looking to promote               networks  and  streaming  services.  This
       their products and services to a large and                revenue can be a substantial source of
       diversified  audience.  Advertising  is  also             cash, particularly for global events with a
       very important. Advertising spaces during                 large audience.
       tournament broadcasts are highly sought                   6. Accommodation and Hospitality
       after, with companies prepared to pay top                 Major  tournaments  draw  international
       prices for visibility to millions of viewers.             visitors who require lodging, transportation,
       2. Sales of Tickets                                       and  meals.  The  flood  of  tourists  benefits
       Ticket sales are another key source of                    hotels, restaurants, and transportation
       revenue. Fans from all around the world                   companies tremendously, creating income
       compete for the chance to attend these                    and helping the local economy.

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