This site uses cookies to improve your experience and to provide services and advertising. By continuing to browse, you agree to the use of cookies described in our Cookies Policy. You may change your settings at any time but this may impact on the functionality of the site. To learn more see our Cookies Policy.
OK
#Open journalism No news is bad news

Your contributions will help us continue to deliver the stories that are important to you

Support The Journal
Dublin: 19 °C Tuesday 11 August, 2020
Advertisement

RTE to cut top presenter pay by at least 30 per cent

The salaries of the top twenty presenters are to be cut by at least 30 per cent as part of a major plan to reduce costs, the Director General announced today.

Director General of RTE Noel Curran
Director General of RTE Noel Curran
Image: Eamonn Farrell/Photocall Ireland.

RTE IS TO cut the pay of its top presenters by at least 30 per cent as part of a major new plan to reduce costs at the broadcaster.

The station’s London office is to close and a voluntary redundancy scheme will also be introduced as part of an effort to save up to €25 million.

Staff were told of the cuts today by Director General Noel Curran, who said that difficult decisions and changes were needed for RTE to sustain its services.

Programme budgets will be cut significantly with a 25 per cent reduction in sports and at least 10 per cent reduction in acquisitions.

The station had already announced that the presenter fees for the top ten earners – including Ryan Tubridy and Marian Finucance – were to be cut by at least 30 per cent.  The cut is now to be extended to include the top twenty earners at the broadcaster.

“We would like to acknowledge the commitment of all of these contracted presenters  to our programme schedules,” said Curran.

Curran said that RTE’s audiences are strong but the economy remains “flat” and commercial trading for all media remains weak.

The broadcaster aims to save €15 million through a new voluntary redundancy scheme which has already seen around 190 people leave their jobs.

There will also be cost reductions across each separate output division, including television, radio, news and digital.

BAI: No reason to review Frontline presiential debate decision >

  • Share on Facebook
  • Email this article
  •  

Read next:

COMMENTS (54)