The Broadcasting Authority of Ireland has recommended that both RTE and TG4 receive an increase in funding in order to continue both broadcasters development.
In its annual report the BAI has strongly recommended that RTE recieve an extra €30m in public funding per year, whilst its fellow broadcaster TG4 should recieve €6m.
The BAI say the funding for both broadcasters should be made immediately as they both continue to offer value for the Irish public.
It noted that given RTE’s declining revenue, the €30m funding should be issued by the Department of Communications as it would assist the state broadcaster both now and in the future.
The report which is due to be shared before an Oireachtas Committee in the Dail this week also stated the current funding is not sufficient time both broadcasters in order to fulfill their many objectives when it comes to offering content to Irish audiences.
It added that both broadcasters have carried out significant restructuring measures in order to stay sustainable for both now and in the future and it states those actions should be recognised.
The report which will be reviewed by the Minister for Communications Denis Naughten, will come as welcome boost to RTE in particular as the broadcaster has reported significant losses in recent years.