Joint venture between RTÉ and GAA sees profit jump 47% on broadcast of games behind pay wall
Profits at GAAGO were boosted in 2023 by the broadcast of high profile games to a domestic audience behind a pay wall. Photograph: Ryan Byrne/©Inpho
According to 2023 accounts recently filed by GAAGO Media Ltd, the company’s overall revenues more than doubled from €2.4 million to €5.23 million as the platform benefited from its deal to broadcast GAA championship games to a domestic audience behind a pay wall. Against the background of a backlash from GAA fans and politicians at high profile GAA games being put behind the GAAGO pay wall, pretax profits at the company rose by 47 per cent to €874,047 from €595,750.Profits at the subscription-based sports channel over the last two years allowed the company to pay a €1.2 million dividend to its joint owners, RTÉ and the GAA.
Trading forecasts to September 2025 “show the company continuing to operate profitably and generating significant levels of operating cashflows”, directors said.
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