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Dee Forbes banging the RTE TV licence drum again 60m uncollected fee *poll not working - pl ignore*

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  • Registered Users Posts: 16,431 ✭✭✭✭Loafing Oaf


    What's the point in commentators speculating about something they know isn't going to happen? All significant political parties are four-square behind RTE in its current form. None I know of has floated breaking it up or anything like that. The big imminent call is for a funding model to replace, or part-replace the licence fee. Once that's decided it'll be pretty much carry on trucking...



  • Registered Users Posts: 7,387 ✭✭✭MrMusician18


    If no one talks about it as a potential solution, well then it's never going to be considered as a potential solution. Since many people don't value the output from rte, it is reasonable to suggest breaking it up and seeing what survives.

    The thing is, the current setup suits both media and those in power. The funding issue would be resolved if the FF/FG duopoly was expected to continue but they are caught between the rock of FF not wanting to give SF the opportunity to squeeze RTE and the hard place of the public refusing to pay a charge.



  • Registered Users Posts: 7,328 ✭✭✭CH3OH


    I haven't seen this until today

    RTE just keeps giving

    70K a year crazy

    Was there nobody in the finance/HR dept's that could do this work?




  • Registered Users Posts: 1,744 ✭✭✭Karppi


    The ultimate example of "Nice work, if you can find it"!



  • Registered Users Posts: 387 ✭✭RunningFlyer


    I hope the Paul Reid thing is joke… surely it is?



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  • Registered Users Posts: 1,744 ✭✭✭Karppi




  • Registered Users Posts: 799 ✭✭✭kazamo


    I really hope it is too.

    We have heard all about transparency needed in RTE but considering the former boss of the HSE, an organisation not really known for transparency or keeping within budget.

    But given the toxic nature of this role, would need someone with the hide of a rhino so maybe he has some suitability.



  • Registered Users Posts: 9,266 ✭✭✭Cluedo Monopoly


    Ah FFS. It is just fraud at this point.

    And this expensive nugget is revealed after the PAC report produced.

    Post edited by Cluedo Monopoly on

    What are they doing in the Hyacinth House?



  • Registered Users Posts: 7,387 ✭✭✭MrMusician18


    RTE were quite flush with cash up until the downturn, when advertising revenues collapsed. The stuff that went on then would likely put what went on in Dees time in the ha'penny place.



  • Registered Users Posts: 2,986 ✭✭✭RoTelly


    Bob Collins, Cathal Goan and Noel Curran need to be brought into the Committees to account for their actions as Directors General* during their period there.


    *Just to be grammatical correct as DsG sounds wrong :)


    ______

    Just one more thing .... when did they return that car

    Yesterday



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  • Registered Users Posts: 44 BornSkippy


    Is €70,000 a lot for running a fund that returns over €120,000,000, more than RTE gets from advertisements and sponsorship?

    Would RTE get better value elsewhere?

    My understanding is that 1% of fund value and 20% of profit are typical fund management fees.



  • Registered Users Posts: 2,986 ✭✭✭RoTelly


    He was made redundant on a scheme he created and then was paid €70k for a part-time job and he left some time in 2022. I imagine they could have got a new staff member for €70k who might split their time between the pension fund and some other work. Who has since replaced him? And are they working parttime ... Suppose Richard Collins needs a job!


    ______

    Just one more thing .... when did they return that car

    Yesterday



  • Registered Users Posts: 7,328 ✭✭✭CH3OH



    Here is quite a good article about the RTE pension scheme.

    While Conor Hayes did a great job as chair of the trustees. I believe that he would have received remuneration for this. Perhaps the 70K was to act as the administrator in RTE?


    The fund is managed externally

    “The investment managers engaged by the RTÉ [Superannuation Scheme] include: Irish Life Investment Managers Limited; The Blackstone Group LP; Morgan Stanley; IPUT PLC and Atlantic Bridge, the trustees reported in their latest annual report to the end of 2020;

    Mercer Ireland was its actuary;

    Northern Trust was the custodian of the scheme;

    RTÉ itself provides day-to-day administrative support but the RTÉ Superannuation

    Scheme is an independent entity."


    Maybe the surplus generated could be

    used to fund RTE.



  • Registered Users Posts: 2,986 ✭✭✭RoTelly


    Who edits The Currency? Oh yeah the former Deputy Chair Of RTÉ, Ian Keogh. Not saying that article is incorrect but I think you have to consider the role he played or didn't play as Deputy Chair.

    The problem isn't Mr. Hayes' remuneration, but its certainly part of it, you have to ask a few questions: -

    • Prior to him taking the role who ran the fund for RTÉ, was it done in house?
    • Was the fund was making money when he was CFO in RTÉ up to his redundancy? (why would this not continue?)
    • Is it fair that RTÉ make him redundant on a scheme he helped to create, in a role that could never be made redundant?
    • Is it fair that RTÉ then hired him to act in this role after he'd been made redundant?
    • Why did he leave the role? It seems he left in 2022, but the report suggests he involved in 2023 also when the Chair (Suin Ni R) questioned his role.
    • Who took over his role and what are they paid?



    ______

    Just one more thing .... when did they return that car

    Yesterday



  • Registered Users Posts: 2,367 ✭✭✭ForestFire


    But he is not managing the day to day funds of 120M, he's not down of the NASDAQ floor buy and selling shares?

    These funds are all probably run externally by Mercer, or another company, which in turn is a number of standard Bank options investment funds with different levels of Risk/return.


    He is only managing the Employee entry exit, and yearly reviews if they should change supplier, funds etc.



  • Registered Users Posts: 3,035 ✭✭✭downtheroad


    The fund stopped accepting new entrants in 1989.

    He got 70k a year to ensure an annual benefit statement was posted out to the members each year, and maybe make a few alterations to contributions.



  • Registered Users Posts: 14,284 ✭✭✭✭retalivity


    They're waiting to hear back from Tony Holohan first if he wants it



  • Registered Users Posts: 5,083 ✭✭✭Rubberchikken


    Rich that the former head of HSE, who are now admitting to how much exit payments they've been making. Should stick his little hea out of the hole and express interest in rte chair.


    There will never be anything new or even half honest done in this country while the same few weasels keep moving around, collecting large sums ofoney and pocketing more than fair pensions/ exit packages🤮

    Where is the fresh blood? The fresh honest talent that can actually run it morally and legally correctly?

    We're doomed I tell ya😁



  • Registered Users Posts: 3,253 ✭✭✭jackofalltrades


    All political parties are "four-square behind" RTE because a) that don't have the vision to see that traditional broadcast TV is dead and b) the main group that watch RTE are the 65+ age group, who are a significant voting block that no-one wants to upset.

    A decision on what funding model will replace the TV licence has been dragging on for a while now. And is likely to be very unpopular with the under 65s who actually have to pay for this "service" under penalty of going to prison.



  • Registered Users Posts: 862 ✭✭✭lumphammer2


    It is v clear the licence fee/TV tax situation needs to change .... it is not necessarily people having to pay it but having to pay it and having NO SAY in RTE's schedules and what they do with OUR money is the problem ....

    Sure many people are drifting away from 'traditional TV' ... people are getting Netflix, Sky, DVDs, etc. instead of watching RTE and the like ... rather than accepting this as the new normal ... which is convenient for RTE and the limited audience it caters for ... RTE should ask the question WHY are people abandoning them for these other services .... 99% the reason is because of the DIRE programmes on RTE .... the other services given people what they want to see ...

    Taking a look at present you have dire shyght like First Dates .... DWTS with Doireann Garrihy is hardly what I want to see on Sundays either .... that vile warhorse Operation Transformation needs to be rested too .... at least we are not martyred with Dragons Den so we can be thankful for small mercies there ....

    Meanwhile we have drama .... for every good one that comes around (and ends too suddenly) like Love/Hate or Kin we have innumerable poor fare like Striking Out, Finding Joy, Taken Down, Rebellion, etc. Other ones like Acceptable Risk aka Hidden Assets and The Gone may well have been interesting if there was a proper BUDGET in place ....

    The REASON for all the poor programming is simple .... money is scarce because it is squandered on the inflated salaries of Tubridy et al over the years ... no one is worth that kind of money and Pat Kenny was on 950 K a year before the banking crisis as a famous Dublinese Elvis 'lookalike' once said on his programme ....

    The people have enough of this and their exclusion from what goes on ... if we pay for something we need to have a SAY in it ... otherwise make your drivel and fund it yourself !!



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  • Registered Users Posts: 7,650 ✭✭✭Trampas


    Never mind if your opinion on Reid but what does the hse know about budgets or staff numbers. It be even worse under a person who has ran the hse



  • Registered Users Posts: 799 ✭✭✭kazamo


    To be fair, I believe the fraud threshold was reached a good while ago.

    To generate credit notes to offset advertising from a main sponsor, who in turn uses the “windfall” to pay the star presenter for personal appearances who was guaranteed the money even if they didn’t happen.

    Not sure we need any more to start a fraud investigation, but this is Ireland, so maybe a signed guilty statement written in blood is needed for the authorities to consider it …..we really don’t like prosecuting white collar crime 🤔



  • Registered Users Posts: 2,986 ✭✭✭RoTelly


    re: Drama you also have to have a mix of Drama. RTÉ's obsession with "big" drama is painful, large as their are so few and large because Drama is hit and miss, when you have so few productions then expect to get one or two big hits every now and then.

    Drama is expensive to produce but RTÉ need a mix of drama, only once did they get this right in the early to mid 2000s with a range of low budget dramas. But RTÉ is now insistent that you need to pay millions for a drama like "Normal People" or "Conversations with Friends" I'd love to know how 2 straight forward dramas cost so much to produce.

    You need a mix of co-productions (high), mid-range productions and final your soap opera (but I'd argue a mix of soaps or dramas in that range not just Fair City).

    Oh and then you have comedy.

    RTÉ lobbied the government through dee forbes time for Screen Ireland to get funding for TV production, as RTÉ was continually cutting their Drama budgets.


    ______

    Just one more thing .... when did they return that car

    Yesterday



  • Registered Users Posts: 4,243 ✭✭✭evolvingtipperary101


    The only worse institution in the country than RTE is the HSE… and we’re seeing Reid’s name linked to the job. They only want lackeys so they keep the administration wage milk going…



  • Registered Users Posts: 16,431 ✭✭✭✭Loafing Oaf


    Well irrespective of the reasons voters will know going into the next general election that all major political parties are wedded to the traditional model of 'public service broadcasting' and if they want serious change to broadcasting policy they will have to find somebody new to vote for. Specifically if they believe RTE should be funded through some form of voluntary subscription they will have to start voting for the kind of right-libertarian candidates that up to now the Irish electorate has shown no enthusiasm for...



  • Registered Users Posts: 387 ✭✭csirl


    Im going to ask the obvious question:

    Why do managerial staff in RTE get paid multiples of what similar people elsewhere in the civil and public service get? And have additional perks like exit payments? And dont seem to be recruited via publicjobs/PAS etc.

    There are CEOs/SecGens, CFO equivalents, HR managers etc managing larger and more complex areas with mutiples of the RTE budget who earn lots less and get a clean bill of health from C&AG.

    Surely the easiest solution is to mirror civil service pay and terms?



  • Registered Users Posts: 13,340 ✭✭✭✭hotmail.com


    Waste of public money not a key concern for the HSE either.



  • Registered Users Posts: 7,649 ✭✭✭Floppybits


    As the ad said "because they're worth it", well at least they think they are. RTE is a basket case, the high pay that these people get in just a symptom of that. I can bet the excuse given is that "We have to pay the high wages to attract the right people to the role" which is the same excuse given for the enormous sums paid out to Tubridy, Duffy and few other wasters with the excuse we have to pay them high wages so that they are not poached, which we all know is a big pile of BS. Basically it comes down to no oversight in RTE as to how they are spending money and justifying that spend and that is the governments fault for not doing this or taking the DG's word for it.



  • Registered Users Posts: 387 ✭✭csirl


    From recent months we can see that they're not worth it! They're much worse at their jobs than the vast majority of lower paid equivalents.

    Who do they think will poach them? Maybe the 350k CFO will be poached by a civil service agency paying 90k for the same job?



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  • Registered Users Posts: 7,649 ✭✭✭Floppybits


    Well the poaching was more for "the Talent" like Tubridy and his ilk. RTE constantly told us that the reason for high wages for "the Talent" was to keep them at RTE and not going elsewhere but as we have seen with Tubridy, other media where not exactly banging his door down when he was out of contract. Kinda similar for the management, they will claim that they need to pay high wages to attract the top people to the roles and it is not just RTE that are doing this but it is right across the Public Sector, remember that Robert Watt is on nearly 300k, the head of the HSE is on 400k. In some cases you wouldn't mind paying the high wages if you were getting value for money but we are just being ripped off.



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