Ireland city Fair covid-19 2020 pandemic crisis Ireland city Fair

Crisis worsens at RTÉ as €119m losses feared despite Covid savings

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RTÉ €5million; Fair City not being in production amounts to savings of nearly €1million per month, while EastEnders being off-air is saving the State broadcaster a further €4million, according to well-placed sources.Industry insiders told the Irish Daily Mail that the beleaguered State broadcaster has managed to ‘save a fortune’ with the cancellation of shows and postponement of major sporting events including Euro 2020 and the Olympics.The postponement of the two major sporting spectacles of the summer has resulted in a combined saving of almost €15million, it is understood.The rights for both events were due to cost €5million each.

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