Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES
Sports Biz Video Gallery
TV pitchman Billy Mays was found dead in his Florida home on Sunday. CNBC's Darren Rovell has the details.
The athletic company faces an uphill battle after its earnings fall 30%, reports CNBC's Darren Rovell.
darren rovell's sports index
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...

RSS FEED

» Help

Current DateTime: 09:06:28 06 Jul 2009
LinksList Documentid: 30212900

SPORTS BIZ VIDEO GALLERY

» More

Current DateTime: 09:06:28 06 Jul 2009
LinksList Documentid: 30231077
    • TV Pitchman Billy Mays Dead at 50  29 Jun 2009

        TV pitchman Billy Mays was found dead in his Florida home on Sunday. CNBC's Darren Rovell has the details.

    • Nike: Not Doing It  25 Jun 2009

        The athletic company faces an uphill battle after its earnings fall 30%, reports CNBC's Darren Rovell.

    • Likely #1 Draft Pick  25 Jun 2009

        Blake Griffin, the likely number one pick in Thursday's NBA draft, talks to CNBC's Darren Rovell.

    • Kyle Busch  24 Jun 2009

        One of the key selling points of a NASCAR sponsorship is driver access. Kyle Busch spent the day at sponsor M&M, getting a tour of the plant and signing autographs for employees, with CNBC's Darren Rovell.

    • Tony Stewart  24 Jun 2009

        Tony Stewart is a winner both on and off the track. The two-time Sprint Cup Champion also runs a dozen other businesses, including racetracks and a public relations firm, with CNBC's Darren Rovell.

    • Brian France  24 Jun 2009

        The France family has run NASCAR since its inception. Brian France is the third generation of the family to oversee the sport, with CNBC's Darren Rovell.

Sports Biz Blog
Text Size
Aug.06
8:54 AM ET
Wednesday, 6 Aug 2008
Beijing's Amazingly Cheap Fireworks
Posted By:Darren Rovell
Topics:China | Olympics | Sports

Fourth of July fireworks
Fourth of July fireworks

Friday's Opening Ceremonies are going to be what I'm calling the most expensive four hours in sports history. The Chinese are going to spare no expense in their coming out party to the world.

While it's hard to nail down the costs of such an endeavor -- it's hard enough to get details on the ceremony itself -- I was shocked when I read the press notes from last month from a conference about the fireworks themselves.

A reporter asked Sun Weide, the spokesman for the Beijing Organizing Committee, how much the light show was going to cost and this is how he responded:

"As you know, China is the birthplace of the gunpowder and fireworks. We have a lot of products to choose from. As for the specific number, I can only give you a percentage points. Fireworks will take less than 1 percent of the total cost of the Opening Ceremony."

Here's what we know. There will be 35,000 shells launched. It will last about 20 minutes. It will include the first ever aerial display of the Olympic rings and, at some point, will include 2,008 smiling faces at the same time.

I'm still blown away at how low the number is. I originally guessed that the fireworks would make up at least half the cost. I'm not a fireworks expert, but I'm going to speculate that much of the cost of a firework display has to do with the cost to get it to the United States from China, where 80 percent of the world's fireworks are made.

According to a recent article in the Tuscaloosa News,the cost of shipping a crate of fireworks -- due to fuel prices -- from China to the U.S. this year went from $4,800 to $11,800.

The fireworks launched on Friday night will have a much shorter travel route. They're coming from the city of Liuyang, which is about 930 miles from Beijing. Half of the town's economic output is generated from the production and sale of fireworks.

Questions?  Comments? 

© 2009 CNBC, Inc. All Rights Reserved

Tools:
PrintEmailAdd This share icon
Next Post


Current DateTime: 08:39:56 06 Jul 2009
LinksList Documentid: 29778428

Current DateTime: 08:46:27 06 Jul 2009
LinksList Documentid: 29779196

Current DateTime: 08:40:34 06 Jul 2009
LinksList Documentid: 29779199

Current DateTime: 01:03:50 06 Jul 2009
LinksList Documentid: 29779198
CNBCCNBC
About CNBC  |  Site Map  |  Privacy Policy  |  Terms of Service  |  Video Reprints  |  Advertise  |  Help  |  Contact
Partners: AOL Money  |  BloggingStocks.com
CNBC is a Division of NBC Universal
  Data is a real-time snapshot *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
Thomson ReutersThomson Reuters