Government to bring RTÉ under NTMA’s NewEra unit

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Broadcaster will be subject to greater financial and commercial advice and oversight following pay scandal revelations

“I do recognise that RTÉ would benefit from the expert advice and support of NewEra,” Mr McGrath said. “I’ve seen first hand the way in which they can provide support to ministers in making critical decisions. And I think it is certainly the case that RTÉ would benefit from having a relationship with NewEra.”

The Future of the Media Commission had recommended in its report published 12 months ago that RTÉ be designated as body under NewEra. The agency was set up more than a decade ago, when the State was subject to an international bailout, to advise the Government on the management of its shareholding in various semi-state companies, focusing on corporate governance and funding.

NewEra has in the past been given certain Government assignments on RTÉ, even though it was outside of its oversight remit. A Government review of loss-making RTÉ's funding model has been ongoing but a final decision on the outcome has now been paused pending the completion of an external review of governance and culture at the broadcaster, which was ordered amid the furore around the underreporting of presenter Ryan Tubridy’s salary. Some €150,000 of the €345,000 of hidden top-ups between 2017 and 2022 had come from a so-called barter account.

 

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