00:00With regard to the tickets and access, equal access, if you will, for spectators and people
00:07who would be supporters of teams from various countries, remember that the FIFA World Cup
00:12will also be happening this summer.
00:14And so this entire process of welcoming visitors from other countries to the United States
00:20for sporting events is getting something of a trial run on a smaller basis, but with still
00:25a very extensive worldwide experience.
00:28It gives us the opportunity to see how do we optimize this, how do we make it work as
00:33well as we possibly can, so that we can apply those lessons to the Olympic Games when we
00:38have the 2028 Games.
00:41Ticket cost, again, when you privately pay for a Games, we've only got fundamentally two
00:48revenue streams, sponsorships and ticketing.
00:49And so our ticket prices, on average, are 17% higher than Paris.
00:57To be fair, the economic opportunity and the four-year difference could have allowed us
01:04to go a lot higher than that.
01:07We have a million tickets at $28, and two-thirds of our tickets are under $200.
01:14So I understand that some of the tickets are expensive.
01:18We're happy to have conversations about what tickets the Federations and the NOCs can buy,
01:24but our ticketing was based on that presumption that we have to deliver on our revenue to pay
01:32for the Games.
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