Seanad debates

Thursday, 4 October 2018

10:30 am

Photo of Rónán MullenRónán Mullen (Independent) | Oireachtas source

The land has massive value. TV3, recently renamed as Virgin Media, has its entire operation in an industrial estate on the edge of the city. It gives the organisation space for new studios and expansion, whereas RTÉ is hemmed in on some of the most valuable land in Dublin. Perhaps we should have the Minister of State responsible for the Office of Public Works in to tell us whether the campus is a listed structure or there is a compelling reason the land cannot be disposed of to save the taxpayer some money. We should also have the Minister for Public Expenditure and Reform in to speak to the matter, as RTÉ must restructure its operations. The capital released from moving would allow the company to purchase new facilities and clear its debt. In the knowledge or expectation of an unrestricted cash flow, it seems instead to be following the example of many by having no incentive to reduce costs or any serious attempt towards a more efficient use of resources.

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