12-10-2023, 01:46 AM
There was more developments yesterday surrounding the worsening financial situation at RTÉ.
www.rte.ie
Here's a summary of the main points:
Richard Collins, who was the CFO at the broadcaster, had formally tendered his resignation to RTÉ DG Kevin Bakhurst.
Mr Bakhurst had the town hall meeting which was held with the staff members of RTÉ to hear their views about could be done to secure the future of the broadcaster. He did say that RTÉ will be a smaller organisation in future. He will also include a voluntary exit plan for the staff in the future strategy for RTÉ very soon. He also said to the media minister the upcoming plan for the future of RTÉ will be published in the coming weeks.
The Media minister Catherine Martin has said that the loss of TV licence revenue to RTÉ could amount to €61 million over this year & next year. She also said that she does not want to see a menu of options from RTÉ about their future. She wants a definitive plan from them to allow them to secure funding from the government. The NewERA government advisory agency has recommended funding of €40 million for the broadcaster when the report is given to her in a few weeks time.
Kevin Bakhurst has also said selling the RTÉ land at Montrose did not make much financial sense in the short or medium term. However he did say that RTÉ are currently looking at options to see if that move was possible. But he prefers for RTÉ to stay on site at Montrose in future while the plot of land will be on a smaller footprint.
www.rte.ie
Here's a summary of the main points:
Richard Collins, who was the CFO at the broadcaster, had formally tendered his resignation to RTÉ DG Kevin Bakhurst.
Mr Bakhurst had the town hall meeting which was held with the staff members of RTÉ to hear their views about could be done to secure the future of the broadcaster. He did say that RTÉ will be a smaller organisation in future. He will also include a voluntary exit plan for the staff in the future strategy for RTÉ very soon. He also said to the media minister the upcoming plan for the future of RTÉ will be published in the coming weeks.
The Media minister Catherine Martin has said that the loss of TV licence revenue to RTÉ could amount to €61 million over this year & next year. She also said that she does not want to see a menu of options from RTÉ about their future. She wants a definitive plan from them to allow them to secure funding from the government. The NewERA government advisory agency has recommended funding of €40 million for the broadcaster when the report is given to her in a few weeks time.
Kevin Bakhurst has also said selling the RTÉ land at Montrose did not make much financial sense in the short or medium term. However he did say that RTÉ are currently looking at options to see if that move was possible. But he prefers for RTÉ to stay on site at Montrose in future while the plot of land will be on a smaller footprint.