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Irish Mirror
Irish Mirror
National
Ailbhe Daly

RTE abandons plans to sell the RTE Guide

RTE have backtracked on plans to sell off the RTE Guide as part of reforms to slash costs.

The national broadcaster revealed a number of cuts last week to reduce operating costs in a bid to return to profit.

This included a pay reduction for top earners, reviewing the current broadcast schedules – RTÉ One, RTÉ Two and the player – closing its Limerick studio, and selling the RTÉ Guide.

They announced today however that they will not be selling the magazine after interested parties did not make “sufficient” offers to warrant it.

A statement said: “RTÉ has made the decision to withdraw the RTÉ Guide from sale.

“Having considered a number of expressions of interest, none reached a level sufficient to merit a sale.

“The RTÉ Guide will remain part of RTÉ and we will work with the RTÉ Guide team on how we can best take the magazine forward.”

RTÉ is funded by a combination of the TV licence fee and advertising revenues.

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