Tag Archives: Deficit

The launch of RTÉ’s Autumn/Winter 2018/2019 schedule last Summer.

This afternoon.

RTÉ ‘s annual report has revealed a net deficit of €13m in 2018.

The media organisation said although there had been a modest increase in total revenue, and a reduction in operating costs, the cost of special events – including the Papal Visit, the Presidential Election and coverage of the FIFA World Cup – contributed to the overall deficit.

Director General Dee Forbes said RTÉ could do a lot to help itself, but it needed action from Government and that had not come in to play, and that the licence fee system was no longer fit for purpose.

Ms Forbes added that RTÉ cannot continue in deficit because it will not have the cash to facilitate those deficits.

RTÉ reports net deficit of €13m for 2018 (RTÉ)

Rollingnews