RTÉ may be forced to sell part of Donnybrook campus due to lack of people paying TV licence fee – TheLiberal.ie – Our News, Your Views

RTÉ may be forced to sell part of Donnybrook campus due to lack of people paying TV licence fee




Image source: RTE Twitter

RTÉ is exploring the possibility of selling part of its Donnybrook campus to increase revenues, reports Breaking News.

Director general Kevin Bakhurst is among the national broadcaster’s representatives due to appear before the Public Accounts Committee this morning.

Mr Bakhurst will tell the committee that a complete sale of his Donnybrook site – as has been suggested – is unlikely at this stage.

He will tell the PAC that short-term cash reserves are “solid” but will renew his call for reform of the public broadcasting funding model.

He added that RTÉ was managing its finances “carefully” in the face of a decline in TV license funding.

Media Minister Catherine Martin has revealed that the government is only willing to pay €40m of the shortfall, meaning RTÉ will have to find a way to save €21m.

Minister Martin confirmed that the state’s New Economy and Reconstruction Authority, known as NewERA, has identified a €21 million decline in royalties this year, while a further €40 million loss is expected next year.

RTÉ representatives are due to appear before the committee at 9.30.

The chairman of the Oireachtas Public Accounts Committee, Brian Stanley, said that if RTÉ representatives did not provide notes of the meeting between Ryan Tubridy’s agent Noel Kelly, former chief executive Dee Forbes and RTÉ’s legal representative, then the PAC would seek approval from the Public Accounts Committee.

Public Accounts of the Oireachtas. Oireachtas to compel production of documents, reports Breaking News.

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