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Friday, December 3, 2021

RTÉ to cut €1.5 million from news and current affairs budget

In an effort to reduce costs, RTÉ will be cutting €1.5 million from its news and current affairs budget.

The broadcaster stated that it aims to reduce costs by €60 million over three years, with the budget reduction being announced to employees in recent weeks.

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The news and current affairs department, which is understood to have a budget of €30-35 million, produces flagship news and current affairs programmes such as Morning Ireland, Prime Time, Claire Byrne Live, News At One, This Week as well as TG4’s Nuacht.

Staff overwhelmingly rejected the pay cuts in April which prompted the broadcaster to consider other options in regards to making the necessary savings.

Part of the target comes from savings that were made from employees leaving RTÉ as part of a voluntary redundancy programme.

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Its most recent report reveals that 301 people were employed in the news and current affairs department in 2019 which was a drop from 349 in 2017.

The total operating costs for RTÉ in 2019 was €337.8 million with a total net deficit of €7.2 million.

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