The Tokyo Olympics have hit the one-year-to-go mark -- again. Tokyo observed the original date a year ago, before the COVID-19 pandemic postponed the Olympics and pushed back the opening to July 23, 2021.
In this June 3, 2020, photo, the Olympic rings float in the water at sunset in the Odaiba section in Tokyo. TOKYO -- The Tokyo Olympics have hit the one-year-to-go mark -- again. But few are in a mood to celebrate.
"I don't think that people have a sense of anticipation in a happy way to celebrate a one-year-to-go event,"Yoshiro Mori, the president of the organizing committee, said last week. Tokyo is staking its hopes on "simplification." Organizers have come up with roughly "200 items" that may be simplified, downsized, or cut out. The rigour is driven by soaring costs and the risk of the Olympics becoming a petri dish.
CEO Toshiro Muto has said the 206 national Olympic committees, dozens of sports federations, sponsors, broadcasters, media, and hospitality providers, have been asked to find ways to reduce the size of their delegations arriving in Tokyo. Billions in television revenue will be lost if the games aren't held next year, imperiling the IOC's finances. Getting the Olympics on television and other platforms is a priority, along with keeping the athletes safe off-camera. The American network NBC, the biggest single source of income for the IOC, pays an average of about $1.2 billion for each Olympics.
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