Hundreds of millions of euro in guaranteed funding for RTÉ is not “a reward” for bad management, according to the station’s chief.
The Government has agreed a €725 million financing programme for the crisis-hit national broadcaster over the next three years, coming from Exchequer-funded top-ups to licence fee sales.
Under the plan, after expected levels of licence fee sales are accounted for, the Government predicts it will directly provide the organisation with €42 million next year.
It follows a year of crisis management at the national broadcaster over a series of governance and financial scandals which further fuelled a years-long trend in declining TV licence revenue.
The Government decision has been criticised by rival commercial broadcaster Virgin Media Television as a “reward for inefficiency and all-round bad practice”.
RTÉ director-general Kevin Bakhurst rejected the comments on Thursday, saying: “I don’t see it at all as rewarding a series of…