It Was A Very Good Year

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Ryan Tubridy (top) and from left, Joe Duffy , Ray D’Arcy and Marian Finucane

Christ.

Via RTÉ:

RTÉ today publishes the fees earned by its Top 10 highest-paid presenters. The fees cover earnings for 2016, and as in previous years, are published two years in arrears.

The latest earning figures for 2016 demonstrate a reduction of 32% as compared to fees earned in 2008. The reduction continues to exceed the publicly-stated commitment given by RTÉ to reduce fees to on-air presenters by at least 30% compared to 2008 levels.

Rollingnews

Thanks Doug Whelan

30 thoughts on “It Was A Very Good Year

  1. Eoin

    You see those limited companies above (eg Tuttle Productions Limited, Ryan Tubridy’s company), all of them are designated small companies which don’t need to publish full account so you never see their full revenues. So, Tubridy might get €495,000 from RTE but what other income does he get? Arguably, all of his other income is dependent on his RTE role and the profile he has, but does it go deeper than that, does any of his extracurricular work link in any way to his work on RTE?

    1. Qwerty123

      nah, they don’t need to publish a full set with disclosures, full balance sheet etc, but you see their full revenues and profits for tax reasons.

      Better to suffer the tax in your company at 12.5% rather than take it in full personally and pay 50%, that why they do it that way. they get a huge tax relief when they retire on the cash saved in the company.

      hope that makes you feel better

      1. Eoin

        “you see their full revenues”

        Where? Not in the annual accounts which you can purchase from the Companies Registration Office.

        Maybe, you’ve got them elsewhere? Do you have a link or a source?

  2. baz

    colourless dim darcy €450k ???

    wow

    and whats his wife paid? don’t forget RTE hired her too

    Full disclosure please.

    1. Dhaughton99

      That’s what shocks me. Tubridy, with the LLS and all that but Marcy D’Arcy does less work than I do.

  3. Eoin

    If anyone is interested, RTE has been looking for 12-month sponsorship for the Sean O’Rourke show since the middle of August 2018. They’re looking for €350,000. As of this morning, four months later, RTE is still looking…..

    Separately, RTE was looking for around €200,000 for 12-month sponsorship of Ray Darcy’s radio show but after six months without a sponsor, RTE settled with the old sponsor Volkswagen, which, based on the lack of VW credits in the promos for his radio show, is probably paying considerably south of €200,000 for 12 months.

  4. Eoin

    Industry insiders say RTE has had a dreadful Autumn with advertising continuing to decline and migrate to other media, this despite the economy booming. RTE’s hopes for comedies like the Amy Huberman laugh-free comedy or the overly-internationalised Taken Down have been dashed with poor ratings, Amy’s feel off a cliff, Taken Down fell by a third and ended at 240,000 for prime time Sunday night drama. If it wasn’t for Denis Naughten bailing RTE out (the day before he was forced to resign) with €17m in 2018-2019, RTE would be looking at another circa €20m annual deficit.

    1. Dhaughton99

      If it wasn’t for the SafeFood ads, the Radio 1 transmitter would have been turned off long ago.

    2. Scundered

      Brands spending too much on social media advertising, which often eliminates agencies too by hiring someone in house, the advertising industry is in trouble.

      1. rotide

        It is and it isn’t.

        Advertising as a whole is in a period of massive upheaval due to social media. However it’s not entirely clear that brands spending on soclal and online is getting the results that the large piles of cash warrant. It will all sort itself out in the long term but in the short and medium it means trouble for rte

  5. Cloud

    I don’t like to trot out the old “Marian only works 4 hours a week” line, but I can’t help noticing:

    At the start of the programme, the first thing she does is read the day’s newspaper headlines. By her staccato tone, you can’t help feel she’s reading them for the first time. Like it’s new information to her at that moment, on the air.

    Could it be that she doesn’t even SKIM the papers before going on the air? Could it?

  6. Eoin

    Sorry, BS, last comment on the matter.

    RTE doesn’t provide the salaries of its management. The BBC does
    https://www.bbc.co.uk/aboutthebbc/insidethebbc/managementstructure/biographies/

    The BBC also provides salaries of “talent” paid more than £150,000 (€166,000). The BBC publishes the salaries in the July following the year in question. So, here is the info for 2017.
    https://www.bbc.com/news/entertainment-arts-44792074

    The UK has a population (market) of over 65 million, 13 times that of Ireland. RTE’s very narrow disclosures today are (1) for 2016, not 2017 and are therefore out of date (2) omit management salaries (3) limit the talent salaries to the Top 10.

  7. Zaccone

    These are still absolutely colossal salaries. There should be a cap of 100k, TV/radio gigs have enough social caché that people would still be thrilled to do them at that wage.

    The argument that “but then the talent will leave!” doesn’t hold much water when its highly unlikely the BBC (or anyone else) would take many of them on at all, never mind at their current grossly inflated salaries. And especially not when there are enough younger replacements waiting in the wings to do the jobs.

  8. Pat-the-barker

    If Tubridy took that income as a PAYE employee, he would take home after tax €4,800 per WEEK, as he pays into a company he can deduct all sorts of expenses before paying himself. Alternatively he can accumulate cash in the company, liquidate it at some stage in the future (special purpose vehicle) and take cash out at 20% tax. Nice.

    1. Harry M

      Tubridy is one of the few who is actually earning his money – he has a high profile radio show and the highest profile TV show that is not simply a few hours at the weekend, it takes many hours prep. He puts in the hours and, with that level of visibility and scrutiny, i believe earns his money.

      As for Marian Finnucane, that’s a different story. But if you can, sure why wouldn’t you

      1. f_lawless

        but not in the context of a homeless and health service crisis. You can’t say he’s justifiably paid such a vast sum by the state when its failing at a systemic level to provide for the basic needs of its citizens

      2. Eoin

        What you’re saying about Tubridy, they used to say about Pat Kenny, but what happened when moved to Newstalk? We didn’t move the dial. We stayed with Sean O’Rourke who was being paid 50% of Kenny’s salary.

        What has happened to Kenny at Newstalk? He had a contract that was worth millions, but based on my analysis of his most recent company’s accounts, and assuming he has negligible company operating costs, I think his salary has dropped below €200,000.

      3. Termagant

        “i believe earns his money”
        Ah no, come on now
        He deserves it more than the other lads up there but by no account does he do 500 grand’s worth of work a year

        If RTE stopped paying him and he quit, would anybody notice? If anybody noticed, would they care?

  9. Increasing Displacement

    This is insane!
    So many licences paying for these people

    And I don’t watch/listen to one of em
    May as well burn my 160

    1. Dhaughton99

      Tell that to the ex Garda working for AnPost while he’s kicking you in the shin looking for Tubridys cash money.

  10. phil

    Tis very easy lay off contractors , FF/FG wont be in power forever , then I suspect it will be curtains for contractors, I wonder if that why some of those top earners are often supportive of the regime…

  11. Kirkbadaz

    It’s all an argument in favour of a maximum wage and spending caps on contractors by semi state and public agencies.
    Simple policy solution with instant public approval.

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