Income from the licence fee dropped \u20ac4 million last year compared to 2023, according to RT\u00c9’s annual report.<\/p>\n
RT\u00c9 is expected to publish its 2024 Annual Report, following Cabinet approval. It states that RT\u00c9 recorded a Surplus of \u20ac5.5 million for the year.<\/p>\n
The broadcaster’s revenue is made up from commercial revenue and income from the TV licence, and the 2024 report states that total revenue increased by \u20ac36.4m between 2024 and 2023.<\/p>\n
The report however shows that licence fee income received by RT\u00c9 in 2024 was down \u20ac4m compared to 2023.<\/p>\n
There was an increase in 2024 in commercial revenue of \u20ac158.1m, which it says represents a year-on-year increase of 4.9%, when compared to the 2023 figure of \u20ac150.7m.<\/p>\n
In 2024, the Government approved RT\u00c9’s five-year strategy and committed public funding of \u20ac725m for the years 2025 to 2027.<\/p>\n
As a result, combined licence fee income and Government funding received by RT\u00c9 in 2024 was \u20ac222.3m, compared to \u20ac193.3m in 2023.<\/p>\n
The main reasons for this were increases in television trading and digital trading income, the broadcaster reports.<\/p>\n
Special events ranging from the UEFA Euro 2024 championships, the Olympics and Paralympics and the General, Local and European elections cost the organisation \u20ac13.7m which is an increase of \u20ac6.3m from 2023.<\/p>\n
For the second time, and in line with the previous commitment from RT\u00c9 Director-General Kevin Bakhurst, the report includes the earnings of its ten highest-paid earners for the year, as well as remuneration details of members of its Leadership Team.<\/p>\n
The remuneration details of RT\u00c9 staff in annual reports include pensions and allowances, where paid.<\/p>\n
The details from the pending 2024 RT\u00c9 annual report states that the top ten earners in RT\u00c9 in 2024 included five members of the management team.<\/p>\n
They are:<\/p>\n
Presenter Joe Duffy – \u20ac351,000
\nDirector General Kevin Bakhurst – \u20ac339,954
\nDeputy Director General Adrian Lynch – \u20ac292,285
\nDirector of Operations, Technology & Transformation Richard Waghorn – \u20ac287,120
\nManaging Director of News & Current Affairs Deirdre McCarthy – \u20ac281,187
\nPresenter Claire Byrne – \u20ac280,000
\nDirector of Human Resources Eimear Cusack – \u20ac274,694
\nPresenter Patrick Kielty – \u20ac255,657
\nPresenter Miriam O\u2019Callaghan – \u20ac246,708
\nPresenter Brendan O\u2019Connor – \u20ac244,099<\/p>\n
Mr Bakhurst has made it policy at the broadcaster that nobody will be paid a salary higher than him.<\/p>\n
The Director General\u2019s earnings are made up of a salary of \u20ac250,000, pension contribution of \u20ac62,500, allowances of \u20ac25,000 and other payments of \u20ac2,454.<\/p>\n
In 2024, there was one severance payment and includes a contribution to legal fees agreed with a former member of the previous executive board with a total cost of \u20ac475,000.<\/p>\n","protected":false},"excerpt":{"rendered":"Income from the licence fee dropped \u20ac4 million last year compared to 2023, according to RT\u00c9’s annual report.…\n","protected":false},"author":2,"featured_media":110397,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[93,61,60,282],"class_list":["post-110396","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tv","tag-entertainment","tag-ie","tag-ireland","tag-tv"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/110396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=110396"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/110396\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/110397"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=110396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=110396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=110396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}