Licence fee is ‘broken’ but RTÉ must change to get €55m bailout, says Kevin Bakhurst
RTÉ will need around €55m in additional interim funding and is now expected to lose around €21m in TV licence revenues by the end of the year, it emerged this week
The TV licence fee system is “broken” and RTÉ “fully understands” it needs to change in order to get a state bailout, its Director General Kevin Bakhurst has said.
In a letter to staff, Bakhurst admitted that while the licence fee system is not working, “it remains, along with commercial revenue, the only funding system we have.”
He said he fully understands that difficult changes will have to be made in order to get a ...