Larry Bass says there has been ‘a tsunami of lost commercial revenue’ in sector even before recent outrcry over secret payments
He said the broadcaster spent around €42 million on independent productions last year, well down on the €82 million it put into the sector in the year before the crash, but that the broadcaster remains a vital source of work for companies like Shinawil.
RTÉ suffered an additional blow this week when Center Parcs announced it would not renew its sponsorship of Tubridy’s radio show when its current deal, reported to be worth €295,000 annually, expires later this year. Asked if the current situation might impact on other such sponsorships, Mr Bass said, “it won’t help, that’s for sure but Renault has been involved with the Late Late Show for a very long time and Müller Corner, which originally came in for The Voice, has been with Dancing with the Stars since.
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