{"id":174270,"date":"2025-12-04T06:57:07","date_gmt":"2025-12-04T06:57:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/174270\/"},"modified":"2025-12-04T06:57:07","modified_gmt":"2025-12-04T06:57:07","slug":"looming-revenue-pressure-for-rte-with-25-of-people-watching-less-than-minute-of-tv-weekly-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/174270\/","title":{"rendered":"Looming revenue pressure for RT\u00c9 with 25% of people watching less than minute of TV weekly \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \"><a href=\"https:\/\/www.irishtimes.com\/tags\/rte\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/rte\/\">RT\u00c9 <\/a>is facing cash pressures in the forthcoming years and saw reform efforts stall in the period leading up to the end of 2024, <a href=\"https:\/\/www.irishtimes.com\/tags\/coimisiun-na-mean\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/coimisiun-na-mean\/\">Coimisi\u00fan na Me\u00e1n <\/a>has found.<\/p>\n<p class=\"c-paragraph paywall \">A statutory five-year funding review carried out by <a href=\"https:\/\/www.irishtimes.com\/tags\/coimisiun-na-mean\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/coimisiun-na-mean\/\">the media regulator <\/a>and brought to Cabinet by <a href=\"https:\/\/www.irishtimes.com\/tags\/patrick-odonovan\/\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/patrick-odonovan\/\">Minister for Communications Patrick O\u2019Donovan <\/a>has found that audiences are declining, with a quarter of the population watching less than one minute of broadcast television per week.<\/p>\n<p class=\"c-paragraph paywall \"> The review noted that the national broadcaster is at a \u201cdelicate juncture\u201d with a cost base that is \u201cchallenging to reduce in the short to medium term\u201d. While in the past, RT\u00c9 has relied on land sales at its Montrose campus or by increasing debt, it warns \u201cthere are now no such ready levers to pull\u201d.<\/p>\n<p class=\"c-paragraph paywall \">\u201cOperating cash outflow (exacerbated in the short term by the upfront cost of the voluntary exit programme) is likely in 2027 to bring RT\u00c9 to the lower limit of what is prudent for net cash, albeit with the potential for a recovery thereafter,\u201d said Coimis\u00fan na Me\u00e1n. <\/p>\n<p class=\"c-paragraph paywall \">While it said that RT\u00c9 has done well to maintain audience share under tight financial constraints, it argued it has \u201cnot been able to execute the organisational transformation it hoped for\u201d. Coimis\u00fan na Me\u00e1n cites financial constraints, limits on its staffing flexibility and \u201csignificant distractions\u201d such as the Covid-19 pandemic and RT\u00c9\u2019s governance crisis as the reason.<\/p>\n<p class=\"c-paragraph paywall \">The report indicated there has been a long-running decline in TV viewing by children and young adults, but that viewing by older audiences has held up well, with those aged 55 or over now providing almost 60 per cent of total consumption.<\/p>\n<p class=\"c-paragraph paywall \">While streaming platforms owned by broadcasters are helping to offset some of the viewing decline, they represent just 7 per cent of viewing for the broadcaster and 3 per cent for TG4. By contrast, multinational subscription services for video-on-demand companies like Netflix are widespread, with three-quarters of adults reporting they use that particular streaming service. <\/p>\n<p class=\"c-paragraph paywall \">TV advertising is down 8 per cent in real terms since 2019, and \u201cmay now fall faster as digital players continue to grow and linear viewing declines\u201d, the reports noted. Funding for public service media as a percentage of gross domestic product has fallen across Europe, but the Irish decline was \u201cappreciably faster\u201d and Irish funding, once above the average, now matches European averages. <\/p>\n<p class=\"c-paragraph paywall \">There are encouraging findings for TG4, which has \u201cdisplayed dynamism\u201d in expanding its offering and redeploying funds to pursue its priorities, said Coimisi\u00fan na Me\u00e1n. \u201cIn doing so, it has taken advantage of its increased funding and its strategic flexibility as a publisher-broadcaster model.\u201d <\/p>\n<p class=\"c-paragraph paywall \">RT\u00c9 had expected a 27 per cent increase in nominal public funding by 2022, but the actual increase was 5 per cent. Despite a sharp increase in 2024 after the outgoing government agreed a bailout package, \u201cthis still left public funding below that in 2017, adjusted for inflation\u201d.<\/p>\n<p class=\"c-paragraph paywall \">The report noted that \u201cdespite lower than expected funding, RT\u00c9\u2019s viewing share has been close to its initial targets across the period. Radio share has seen a downward drift below targets. Time spent with the [RT\u00c9] Player has been increasing steadily.\u201d <\/p>\n<p class=\"c-paragraph paywall \">It also noted that \u201cdelivery of the promised increases in funding and support for the [voluntary exit programme] are both essential to protect the balance sheet and to enable the start of the strategic transition to hybrid production\u201d.<\/p>\n<p class=\"c-paragraph paywall \">It is expected that Coimisi\u00fan na Me\u00e1n will recommend additional funding above that approved by the Government. <\/p>\n<p class=\"c-paragraph paywall \">However, Mr O\u2019Donovan is understood to be of the view that decisions made by the last government \u2013 to allocate \u20ac240 million to RT\u00c9 in 2026 and \u20ac260 million in 2027 \u2013 represent significant extra public funding to it and TG4, which is to receive \u20ac65.4 million next year<\/p>\n<p class=\"c-paragraph paywall \">The Coalition intends to consider 2027 funding in line with available budget resources. <\/p>\n","protected":false},"excerpt":{"rendered":"RT\u00c9 is facing cash pressures in the forthcoming years and saw reform efforts stall in the period leading&hellip;\n","protected":false},"author":2,"featured_media":174271,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[3584,93,61,60,6232,6085,15337,282],"class_list":{"0":"post-174270","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tv","8":"tag-coimisiun-na-mean","9":"tag-entertainment","10":"tag-ie","11":"tag-ireland","12":"tag-patrick-o-donovan","13":"tag-rte","14":"tag-tg4","15":"tag-tv"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/174270","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=174270"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/174270\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/174271"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=174270"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=174270"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=174270"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}