Originally Posted by MTUK1:
“£150m is a completely made up figure.”
Apologies!
I've searched and can't find that, I don't know where on earth I saw that figure then
I did find an article that said;
Fountain Studios cost 100k a day to hire, if they have the studio just up on a Saturday and Sunday and a Friday for rehersals (odds are its up all week) thats 300k a week, for a 10 week live show series (admittedly less this year), that's 3 million on the Studio alone.
Apparently the 120 production staff (including a Fashion director and Vocal coach) are on a grand a day, again say they work 5 days a week, thats 550k a week (5.5m for the lives)
Last year Dermot got paid 900k, Simon 4.1m, Cheryl 1.5m with Mel and Louis on £1m, that adds an extra 8.5m.
Once you add in the rights which are £25m a year (150 joint deal with BGT for 3 years), hiring out stadiums for the final, auditions, bootcamp etc, the whole Judges Houses stage (which would be 4 lots of production staff's flights, hire of the houses etc), the music guests, Xtra Factor, The X Factor house (normally a few million alone!) and other costs, you're looking at around the cost of 4 series of The Voice UK so far for the BBC (which I read was 55m? Although again, might have come from nowhere?) which is only getting around 500k less viewers.
Although I'm not doubting its making its money back in adverts (Talk Talk are paying 10 million a series), it seems to be costing an absolute fortune