GOVERNMENT IS spending in excess of $4 million for the production of Rihanna’s August 5 LOUD concert.
Minister of Tourism Richard Sealy, who made the disclosure yesterday, said Barbados expected to break even or make a relatively small loss on its contract with the international recording artiste.
He said that Rihanna was performing for free, but that the Barbados Tourism Authority (BTA) had undertaken to foot the production costs.
“The revenue that we will earn from ticket sales and other sponsorship arrangements will be just under $4 million,” he told reporters.
“So we are anticipating a break-even or near-break-even position. (YB)
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