Oireachtas Joint and Select Committees
Wednesday, 26 March 2014
Joint Oireachtas Committee on Transport and Communications
Strategic Plan 2012-17 and Other Issues: RTE
11:55 am
Mr. Noel Curran:
Frankly, I think that refers to a factual situation. RTE is a not-for-profit body. When RTE was generating surpluses during the boom, they were not distributed back to the management or to outside shareholders. Those funds were reinvested when we started looking at digital terrestrial television in the context of the legislative requirement in that area. I think we are different in this respect. When we make money, we reinvest it in programming or other elements of the schedule.
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