{"id":793150,"date":"2019-02-17T17:12:00","date_gmt":"2019-02-18T00:12:00","guid":{"rendered":"https:\/\/www.summitdaily.com\/news\/cost-of-2020-tokyo-olympics-ceremonies-up-40-percent\/"},"modified":"2019-02-17T17:12:00","modified_gmt":"2019-02-18T00:12:00","slug":"cost-of-2020-tokyo-olympics-ceremonies-up-40-percent","status":"publish","type":"post","link":"https:\/\/alwaysmountaintime.com\/ksmt\/local-news\/cost-of-2020-tokyo-olympics-ceremonies-up-40-percent\/","title":{"rendered":"Cost of 2020 Tokyo Olympics ceremonies up 40 percent"},"content":{"rendered":"<div class=\"gallery-wrapper\">\n<ul id=\"imageGallery-359387-274\" class=\"gallery list-unstyled\">\n<li data-thumb=\"https:\/\/cdn.summitdaily.com\/wp-content\/uploads\/sites\/2\/2019\/02\/Olympics_Opening_Ceremony_Cost_49929-2ed7c-150x150.jpg\" data-src=\"https:\/\/cdn.summitdaily.com\/wp-content\/uploads\/sites\/2\/2019\/02\/Olympics_Opening_Ceremony_Cost_49929-2ed7c.jpg\" data-sub-html=\"AP | AP | In this Feb. 12, 2019, photo, a worker walks past one of construction sites for the Tokyo 2020 Olympics in Tokyo. The price of the opening and closing ceremony for the Tokyo Olympics has risen about 40 percent according to numbers released by the organizing committee. (AP Photo\/Eugene Hoshiko)\" class=\"h-100\">\n<div class=\"row h-100\">\n<div class=\"col my-auto\"><img decoding=\"async\" src=\"https:\/\/cdn.summitdaily.com\/wp-content\/uploads\/sites\/2\/2019\/02\/Olympics_Opening_Ceremony_Cost_49929-2ed7c.jpg\" alt=\"In this Feb. 12, 2019, photo, a worker walks past one of construction sites for the Tokyo 2020 Olympics in Tokyo. The price of the opening and closing ceremony for the Tokyo Olympics has risen about 40 percent according to numbers released by the organizing committee. (AP Photo\/Eugene Hoshiko)\"\/><\/div>\n<\/div>\n<\/li>\n<li data-thumb=\"https:\/\/cdn.summitdaily.com\/wp-content\/uploads\/sites\/2\/2019\/02\/Olympics_Opening_Ceremony_Cost_49929-2ed7c-1-150x150.jpg\" data-src=\"https:\/\/cdn.summitdaily.com\/wp-content\/uploads\/sites\/2\/2019\/02\/Olympics_Opening_Ceremony_Cost_49929-2ed7c-1.jpg\" data-sub-html=\"AP | Kyodo News | FILE - This July 11, 2018, aerial file photo shows New National Stadium for the Tokyo 2020 Olympics under construction, in Tokyo. The price of the opening and closing ceremony for the Tokyo Olympics has risen about 40 percent according to numbers released by the organizing committee on Friday, Feb. 15, 2019. (Kyodo News via AP, File)\" class=\"h-100\">\n<div class=\"row h-100\">\n<div class=\"col my-auto\"><img decoding=\"async\" src=\"https:\/\/cdn.summitdaily.com\/wp-content\/uploads\/sites\/2\/2019\/02\/Olympics_Opening_Ceremony_Cost_49929-2ed7c-1.jpg\" alt=\"FILE - This July 11, 2018, aerial file photo shows New National Stadium for the Tokyo 2020 Olympics under construction, in Tokyo. The price of the opening and closing ceremony for the Tokyo Olympics has risen about 40 percent according to numbers released by the organizing committee on Friday, Feb. 15, 2019. (Kyodo News via AP, File)\"\/><\/div>\n<\/div>\n<\/li>\n<\/ul>\n<\/div>\n<p class=\"STND-STND BodyText\">TOKYO \u2014 The price of the opening and closing ceremony for the 2020 Tokyo Olympics has risen about 40 percent.<\/p>\n<p class=\"STND-STND BodyText\">Toshiro Muto, the chief executive of the games, told executive committee members on Friday the cost for the ceremonies would be capped at 13 billion yen, about $118 million. Tokyo estimated that cost at 9.1 billion yen \u2014 about $82 million \u2014 in 2013 when it was awarded the games.<\/p>\n<p class=\"STND-STND BodyText\">Despite the increase, Muto said the privately funded operating budget of 600 billion yen \u2014 about $5.5 billion \u2014 would be unchanged. He said there was a reserve fund for such increases.<\/p>\n<p class=\"STND-STND BodyText\">\u201cUsing London Olympics spending as a model, this is the minimum we need to spend to get the job done,\u201d Muto said.<\/p>\n<p class=\"STND-STND BodyText\">Overall, Tokyo is spending at least $20 billion to ready the city for the Olympics. Excluding the operating budget, the rest comes from the national, city and regional governments.<\/p>\n<p class=\"STND-STND BodyText\">Mansai Nomura, a renowned actor in traditional Japanese theater, is the chief creative director for the opening and closing ceremonies of the Olympics and Paralympics.<\/p>\n<p><a href=\"https:\/\/www.summitdaily.com\/news\/sports\/cost-of-2020-tokyo-olympics-ceremonies-up-40-percent\/\" target=\"_blank\">via:: Summit Daily<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOKYO \u2014 The price of the opening and closing ceremony for the 2020 Tokyo Olympics has risen about 40 percent. Toshiro Muto, the chief executive of the games, told executive committee members on Friday the cost for the ceremonies would be capped at 13 billion yen, about $118 million. Tokyo estimated that cost at 9.1 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[99],"tags":[],"class_list":{"0":"post-793150","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-local-news"},"acf":[],"publishpress_future_action":{"enabled":false,"date":"2026-07-19 21:04:44","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"KSMT The Mountain","distributor_original_site_url":"https:\/\/alwaysmountaintime.com\/ksmt","push-errors":false,"_links":{"self":[{"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/posts\/793150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/comments?post=793150"}],"version-history":[{"count":0,"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/posts\/793150\/revisions"}],"wp:attachment":[{"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/media?parent=793150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/categories?post=793150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwaysmountaintime.com\/ksmt\/wp-json\/wp\/v2\/tags?post=793150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}