Cost reductions see RT return lower net deficit of 6.4m
COST REDUCTIONS SEE RT RETURN LOWER NET DEFICIT (BEFORE EXCEPTIONAL ITEMS) OF 6.4M. EXCEPTIONAL LAND SALE GAIN AND RESTRUCTURING GIVES RISE TO NET SURPLUS OF 42.1M
See http://www.rte.ie/annualreport for full the report.
RT is today releasing its Annual Report and Group Consolidated Financial Statements for the Year Ended 31st December 2017.
With overall 2017 revenues at the same level as 2016, but assisted through reduced operating costs, RT returned a lower operating Net Deficit, before exceptional items and tax, of 6.4m in 2017 (2016 Net Deficit before tax of 19.4 million).
There were a number of exceptional items for the organisation in 2017. RT recorded an overall Net Surplus for the year of 42.1 million (2016 Net Deficit of 19.7 million), including a net gain after tax of 78.5 million from the sale of part of the Donnybrook site, less sales-enabling project costs, and after a restructuring charge of 29.6 million.
The Annual Report also highlights RT 's many achievements in 2017, including:
RT One and RT 2 delivered all of the top 20 most-watched programmes in Ireland
More than 1,300,000 viewers tuned into the The Late Late Toy Show
RT News kept the nation informed with live transmissions throughout Storm Ophelia
RT Investigates produced a number of high-impact programmes on those living on hospital waiting lists, and those stuck in substandard rental accommodation
RT Player delivered 51.5million streams, up 2% on 2016
RT launched a dedicated Irish-language website, www.rte.ie/gaeilge
Over 1,000,000 people tuned into RT Radio 1 each week
The RT Concert Orchestra and 2fm presented seven sell-out dance music concerts
RT Archives attracted a record number of online visitors, with 3.1 million compared to 1.9 million in 2016.
Dee Forbes, Director-General RT , said: "RT experienced a year of very significant change in 2017. It was the beginning of a period of transformation that will run over the next few years. Against a difficult financial backdrop, RT introduced a radically new organisational structure; reduced the size of its workforce; developed a new five-year strategy (2018-2022); and managed the sale of more than 8 acres of land at its Donnybrook site all while continuing to deliver a breadth of compelling programming and content for audiences every day".
She added: "If RT is to return to a sustainable financial footing, meaningful Government action on reforming the licence fee system is essential. The current system is losing more than 50 million every year. Not only is this unfair on the majority that pay their TV Licence fee, it is also limiting the potential of the whole independent production sector. Without action there will be far-reaching consequences for our journalism, for national cultural and creative expression, and for employment in the broader media sector."
Moya Doherty, Chair of the RT Board, commented: "RT is re-imagining itself for the 21st century and will continue to build for the future through appropriate collaboration and partnerships. The development of the independent production sector and the creation of relevant content reflecting the changing needs and aspirations of the Irish nation are equally important ambitions for the organisation. Working with key stakeholders to develop a sustainable funding model for public media in these dynamic times remains the central challenge for this re-imagined RT ."
See http://www.rte.ie/annualreport for more and to download the full report.
LAGHD AR CHOSTAIS AN CH IS LE GLAN-EASNAMH N OS SLE 6.4M A BHEITH THUAIRISCI AG RT ROIMH MH REANNA EISCEACHT LA (LAGHD 13M AR GHAN-EASNAMH 2016)
GLAN-BHARRACHAS 42.1M MAR THORADH AR GHN THACHAN EISCEACHT IL
THALAMH A DH OL AGUS AR ATHSTRUCHT R
F ach http://www.rte.ie/annualreport don tuarasc il ioml n.
D anfaidh RT Tuarasc il Bhliant il agus R itis Airgeadais Chomhdhl ite an Ghr pa don bhliain dar cr och an 31 Nollaig 2017 a eisi int inniu.
C go raibh an teacht isteach forioml n don bhliain 2017 ar chomhch im le 2016 bh laghd ar chostais oibri ch in agus thuairisc RT Glan-Easnamh oibri ch n n os sle de 6.4m in 2017 roimh mh reanna eisceacht la agus c in (Glan-easnamh roimh ch in 19.4 million sa bhliain 2016).
Thuairiscigh an eagra ocht roinnt m reanna eisceacht la in 2017. Thaifead RT Glan-Bharrachas 42.1 milli n ar an ioml n i ndiaidh c nach don bhliain (Glan-Easnamh 19.7 milli n in 2016), lena n- ir tear glan-ghn thachan 78.5 milli n i ndiaidh c nach shu omh Dhomhnach Broc a dh ol l ide costais tionscadail a chumas dh d olach n agus i ndiaidh muirear athstrucht raithe 29.6 milli n.
L ir tear freisin sa Tuarasc il Bhliant il go leor de bhuaicphoint RT sa bhliain 2017, ina measc:
Ar RTE One agus RTE 2 a bhi gach ceann den 20 cla r is mo a raibh lucht f achana acu in irinn.
D fh ach n os m n 1,300,000 duine ar The Late Late Toy Show
Choinnigh Nuacht RT an t r ar an eolas le linn Stoirm Ophelia tr thuairisc beo
D eisigh RT Investigates roinnt cl r m rthionchair faoi dhaoine a bh ar liosta feithimh ospid al, agus f thusan a bh siar le c ir ocht c osa a bh faoi bhun an chaighde in.
Cheangail an RT Player n os m n 51.5 milli n sruth, ard 2% i gcompar id leis an mbliain 2016.
T su omh gr as in at tiomanta don Ghaeilge seolta ag RT , www.rte.ie/gaeilge
D ist os cionn 1,000,000 duine le RT Radio 1 gach seachtain
Chuir Ceolfhoireann Coirme RT agus 2fm seacht gceolchoirm, nach raibh tic ad lena n-aghaidh gan d ol, i l thair, le sraith ceoil damhsa
Mheall Cartlann RT n os m cuairteoir ar l ne n riamh, le 3.1 milli n cuairt ar an su omh i gcom rtas le 1.9 milli n sa bhliain 2016.
D irt Dee Forbes, Pr omh-Sti rth ir RT : "Bhain athruithe m ra do RT le linn na bliana 2017.N limid ach i dt s tr imhse mh r athraithe
Most recent headlines
18/12/2025
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
18/12/2025
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
18/12/2025
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
18/12/2025
Long-term agreement includes the SES SCORE platform and hybrid distribution worldwide to deliver more than 5,000 hours of golf tournaments annually featuring th...
18/12/2025
At 7.45pm on 1st January 1926, the precursor to RT , then 2RN, delivered the fledgling new Irish state's first public radio transmission. From those first c...
18/12/2025
Step out of the vault and into the future of gaming with Fallout: New Vegas streaming on GeForce NOW, just in time to celebrate the newest season of the hit Ama...
18/12/2025
December 18 2025, 05:30 (PST) The Movie Experience SLO Becomes First U.S. Exhib...
17/12/2025
Investigative journalists across the Western Balkans and T rkiye continue to con...
17/12/2025
Sports Broadcasting Hall of Fame Inducts 10 Industry Icons During Unforgettable ...
17/12/2025
ESPN to Debut MNF Playbook with Next Gen Stats, a New AI-Driven NFL Data-AltCastThe series, powered by Adrenaline TruPlay AI, launches Dec. 22 and runs through ...
17/12/2025
Inaugural Optum Golf Channel Games Debut Under the Lights' in Primetime on ...
17/12/2025
The right playlist is essential on New Year's Eve, building the energy as you get ready and keeping it high as you count down to midnight. This year, Spotif...
17/12/2025
eds3_5_jq(document).ready(function($) { $(#eds_sliderM519).chameleonSlider_2_1({...
17/12/2025
Audiences Watched Over 103 Billion Minutes of TV on Thanksgiving Day
NFL Games ...
17/12/2025
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
17/12/2025
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
17/12/2025
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
17/12/2025
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
17/12/2025
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
17/12/2025
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
17/12/2025
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
17/12/2025
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
17/12/2025
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
17/12/2025
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
17/12/2025
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
17/12/2025
KPop Demon Hunters Stars Visit Berklee for Weeklong Celebration Andrew Choi and EJAE, who voiced the film's main characters and contributed to its soundtr...
17/12/2025
December 17 2025, 17:00 (PST) Dolby and LG Unveil a New Era of Home Audio With ...
17/12/2025
Wednesday 17 December 2025
Heated Rivalry will be coming to Sky and streaming service NOW on 10 JanuaryTurn on cookies to view this content. Go to Privacy opti...
17/12/2025
Back to All News
Inside The Unseen World Of Indian Customs: Netflix Reveals The...
17/12/2025
Back to All News
Netflix announces PAPARAZZI KING: the docu series coming to Ne...
17/12/2025
Back to All News
Netflix Unveils First Look at Jo Nesbo's Detective Hole Pr...
17/12/2025
Back to All News
Netflix Welcomes Warner Bros. Discovery Board Recommendation
Business
17 December 2025
Global
Link copied to clipboard
After Careful Revi...
17/12/2025
RT has announced that Kathy Fox has been appointed Commissioning Editor with re...
17/12/2025
The Hao AI Lab research team at the University of California San Diego - at the forefront of pioneering AI model innovation - recently received an NVIDIA DGX B...
17/12/2025
Editor's note: This post is part of Into the Omniverse, a series focused on ...
17/12/2025
With the new season of Dancing with the Stars shimmering in the not-too-distant future this New Year, the celebrity and dancer pairings of the twelve couples ha...
16/12/2025
Hawkins has landed on Spotify, just in time for Stranger Things Season 5, Volume...
16/12/2025
Wherever you are, your favorite music and audio content should go seamlessly with you. That's why Spotify has partnered with NAVER Corp, Korea's leading...
16/12/2025
2025 Wrapped arrived bigger and bolder than ever. This year's experience is designed to be ultra personal and shareable, with new features like Wrapped Part...
16/12/2025
Three 12-kilowatt Advanced Electric Propulsion System thrusters, supplied by L3Harris Technologies, form the core of Gateway's propulsion system. Pictured i...
16/12/2025
The challenge facing America's defense industrial base is not just about speed - its about rebuilding the foundation that makes speed possible. Our nations ...
16/12/2025
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
16/12/2025
SEVILLE, Spain Canal Sur, the public broadcasting service for Andalusia, Spain, has completed a total technology refresh based on Pebble's resilient, softwa...
16/12/2025
NEW YORK Teleprompting hardware provider Telescript International has acquired all software code and intellectual property previously owned by Telescript West. ...
16/12/2025
As cable operators face increased competition from 5G fixed wireless access providers, a new report from Ookla Research finds that T-Mobile is the FWA speed lea...
16/12/2025
Apple has announced a major upgrade to the Apple TV app for device owners outside the Apple ecosystem with news that the Apple TV app for Android now supports G...
16/12/2025
Space42 grows Direct-to-Device partner ecosystem through a Memorandum of Underst...
16/12/2025
16 Dec 2025
VEON Announces Release Date for Full Year and Fourth Quarter 2025 R...
16/12/2025
16 Dec 2025
VEON's Kyivstar Invests in Renewable Energy in Ukraine with Acq...
Cost reductions see RT return lower net deficit of 6.4m 
