RTE will be forced to downsize and sell assets before state gives another penny

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RTE will be forced to downsize and sell assets before state gives another penny
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Senior Ministers are adamant there will be no blank cheque for the station and that a leaner, more efficient new look national broadcaster must emerge

Cash-strapped RTE will be forced to downsize and to sell assets like 2FM by the Government before it gets another penny from the state.The annual RTE 2022 report is due to be presented to the Cabinet by the Media Minister Catherine Martin within weeks.Normally it would be rubber-stamped by the Cabinet but ministers are now planning to rigorously examine every aspect of it.

"Since then the RTE finances have collapsed with tens of thousands of people refusing to pay their licence fee and costing the broadcaster a million a week in lost revenue. "Ministers will be pushing for RTE to sell some of its assets like 2FM and possibly Network Two, everything is on the table.

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