Oireachtas Joint and Select Committees
Wednesday, 5 July 2023
Joint Committee on Tourism, Culture, Arts, Sport And Media
Transparency of RTÉ Expenditure of Public Funds and Governance Issues: Discussion (Resumed)
Mr. Rory Coveney:
The big difference in subsequent years is that you do not have the development costs, which are obviously considerable. The profit margin should go up in subsequent years, assuming the revenue stays the same because the development costs are sunk in the first year.
As it turned out, that did not happen. At the moment, we are considering what we will do. We have not made any decision. We are not doing it this year but we are considering what we might do in the future.
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