Oireachtas Joint and Select Committees

Wednesday, 13 September 2023

Joint Committee on Tourism, Culture, Arts, Sport And Media

Transparency of RTÉ Expenditure of Public Funds and Governance Issues: RTÉ (Resumed)

Mr. Kevin Bakhurst:

I would like to add to that to give the Senator an idea of the quantum of it. The estimate for licence fee income this year from the Department was €197 million. We were tracking slightly lower than that anyway and we now have a hole of €21 million in that for this year. If we look ahead to next year the estimate would have been around the same, and if it tracks at the same level then people can do the maths on what the hole will be next year. It will be far in excess of €21 million. The only thing I would add to what Ms Ní Raghallaigh said is that one of the good things is that commercial income has been performing well and is ahead of target, so that is closing some of the hole but it is a big hole to close. The commercial team has been doing a great job and the schedules and the Rugby World Cup and so on have helped with that, and our commercial revenue, particularly in TV, is going pretty well. That is helping, as are some of the cuts that we are looking to impose, as I announced today.

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