Let the Games begin
The first modern Olympics took place in 1896 and was modeled after similar Games played by the ancient Greeks. Since then the Olympic Games have come to be regarded as the foremost international sports competition
In keeping with tradition from the ancient Greeks, the Olympic Games include both an opening and closing ceremony. Over the years, the opening ceremonies have become spectacles of pride for the host country as well as entertainment for the rest of the world.
As popularity of the Games increased (and thanks to the ubiquity of the television broadcasts), so did the budgets for the extravagant opening performances. At the London Olympics in 2012, the opening events cost a reported $41.5 million*China spent more than $100 million in 2008.*The Rio Olympics is working with a fraction of the budget due to struggles with the Zika virus, water pollution, construction delays, and Brazil's political and eco**mic crisis. Read more...