The national broadcaster is facing a €20 million hole in its revenue by the end of the year and the new director general says cutting coverage and reducing the spend on its digital transformation may have to be considered
Kevin Bakhurst, the RTÉ director general, has said the broadcaster’s coverage could be reduced if the decline in TV licence fee payments continues in the coming months.
The national broadcaster is facing a €20 million hole in its revenue by the end of the year after a 30 per cent week-on-week drop in licence fee revenue compared to 2022 since late June following the controversy over secret payments to presenter Ryan Tubridy. Speaking to the Business Post, Bakhurst said that he “sincerely hopes” the public begin to recognise actions taken to rebuild trust in the organisation but that “you’ve obviously got to look at various worst case scenarios” if the decline in TV licence revenue persists.
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