In the past month the EBU have completely reworked their image and their existing website bringing the Union into the 21st century again. The revamp of the EBU has also seen the change of the logo, so no longer will we be seeing the blue, white and yellow logo at the EBU. This is replaced now by a blue logo on a white background. It is not known yet if the logo has changed for media as well.
Source: Eurovoix.com , EBU
Eurovision Diary! 
I hate it. No doubt a handsome amount was paid to some ‘creative’ company to come up with this. Capital letters in Blue. Genius……Not! A complete waste of time and money.
I agree with you!
I don’t like it as well, I can see that even 15 heads are useless to create a logo