Results 13,981-14,000 of 34,956 for speaker:Seán Fleming
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: I have some other questions. I am looking at page 141 of the RTÉ financial statements. How much interest has RTÉ been paying up to now? What are the interest rates? If RTÉ had borrowings of €50 million, the company must have been paying €3 million or €4 million. What is the ballpark figure? It is a complicated structure in the financial statements....
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: I am coming to the Barclays fund now. The details are on page 141 of the document. Will you explain one detail before I ask my next question, Ms O'Keeffe? What is 2RN?
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: Does that include the big masts throughout the country?
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: I will read out the note on page 141 - it really surprised me. It refers to lender security for the project loan facility. The note refers to how the facility for 2RN has been arranged with Barclays Bank Ireland plc amounting to €53 million in aggregate. The note relates to lender security. I am surprised at the level of security that the bank appears to have over RTÉ assets....
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: The security also covers 2RN present and future fixtures and fittings on the DTT transmission sites. That includes anything 2RN constructs on those sites. The bank has security over all 2RN rental income from occupational leases. That is fine. The bank has rights and benefits of 2RN insurance policies and an insurance proceeds account. Will Ms O'Keeffe explain it to me? If there is a...
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: However, if there are receipts from an insurance policy, does Barclays Bank have first claim?
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: As well as any income which arises.
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: The witnesses referred to Sky, Virgin Media and competition in the marketplace. I have a Sky package, but I do not seem to get everything from RTÉ as part of it.
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: Will Ms Forbes send me a note on the matter? For example, there is one channel on Saorview that is not available on Sky.
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: I see many things on Saorview that I do not see as part of my Sky package. I know that RTÉ has to pay to have them on Sky, but it has much content that is not getting to those of us who watch television programme on Sky. RTÉ does not have the RTÉ 1+1 channel on Sky.
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: Why not? It is a big loss. I want to watch RTÉ 2+1, but I cannot do so on Sky. I am sure this affects 750,000 houses.
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: What is the problem?
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: Will the Department explain why RTÉ cannot use all platforms to gain maximum coverage in the homes of Ireland?
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: At what stage is the process?
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: How long will that take? The hundreds of thousands of homes in Ireland which take their TV service from a Sky dish are missing out on much of RTÉ’s output. Then RTÉ complains to the committee about the competition in the market. It is like my local newspaper complaining that its sales are down when it does not put copies in all of the shops in the area. Do the witnesses...
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: Why are we only looking at the matter now? Why was it not sorted out years ago?
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: Is cost a factor?
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: Will RTÉ do it as soon possible in order that we can watch more of its output?
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: Perhaps I am giving a perspective that the witnesses may not have expected. I just noticed that some RTÉ stations were missing on the Sky platform.
- Public Accounts Committee: Vote 29 - Department of Communications, Climate Action and Environment (3 May 2018)
Seán Fleming: No, I always watched it live.