Broadcaster’s self-inflicted wound appears to have cost more in licence fee sales and renewals than it spends on some genres of programming
So what else does €3.2 million get you at Montrose apart from six years of Tubs?
The lost revenue, for instance, is close to RTÉ's 2021 arts budget of €3.4 million and is greater than the €2.7 million it spent on religious programming that year. Perhaps a prayer to the God of Licence Fee Compliance might now help? The vanished revenue also equates to about a third of the €10.2 million in operating costs for 2fm and more than half the €5.2 million required to run Lyric FM – a service that RTÉ's former management mooted shutting down in late 2019 at around the same time as it was preparing its fateful renegotiation of Tubridy’s pay.
Now for a boring disclaimer: the genre and service budgets cited above are gross rather than net figures. They don’t reflect any advertising and sponsorship income that might be generated, making a need to balance the books a little more complicated than it appears based on overheads alone.And it’s not as if RTÉ can just slash and burn however it chooses to adjust to its new reality.
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