Oireachtas Joint and Select Committees

Wednesday, 18 January 2023

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

Future of the Media Sector: Discussion

Mr. Adrian Lynch:

To respond to the question about innovation, first, capital spending over the past decade has been very restrained. We have not been able to invest in digital transformation as much as we would have liked to do. It goes back to the point Ms Craig made about multi-annual funding and having a strategy over five years that we will execute. For us, it is about building a robust digital product portfolio. That includes RTÉ Player, audio streaming and text-based products. For example, about 450,000 devices per week access our news app. It is highly used and highly trusted. We have introduced video there as well as a lot of innovations within how we communicate our journalism: long reads, graphics and so on. On the player side, a lot of the innovation is back-end. The innovations are things one would not see. For example, the World Cup was a turning moment for the player because we had 8.5 million streams, massive levels of streaming, so about 30% of the World Cup was consumed through our player. That is a significant amount of video consumption. Everything that allows that to happen is about content delivery networks, edge-cache routing and a bunch of things the audience never sees. When it comes to innovation, for us, having stability of funding and knowing where we are over the next five years is absolutely critical.

Deputy Mythen also asked a question about deficits, I think. We had a strategy between 2020 and 2024 which contained cost-avoidance measures of about €60 million and about €93 million was delivered. Commercial income performed more robustly than we had expected.