RTE in Crisis
RTÉ bailout could be as high as €35m due to TV licence rebellion
The government had thought emergency cash for broadcaster would come to between €15 million and €20 million but now fears it could be much higher
A significant drop-off in licence fee revenues has stoked fears within government that an RTÉ bailout of up to €35 million could be needed in October’s budget, a far larger amount than had been planned for just weeks ago.
The government has accepted that the broadcaster needs an emergency bailout of between €15 million and €20 million but fears this figure could rise in the coming weeks due to the TV licence rebellion.
A senior ...