RTÉ's funding is set to be cut by 2% when the new Broadcasting Bill is enacted, with this percentage to be paid into the Broadcast Fund.
The cut arises from an amendment made to the bill today by Minister for Communications Energy and Natural Resources Eamonn Ryan.
Established in 2003, the Broadcast Fund is a fund to which all broadcasters in Ireland can apply for programme-making finance.
Today’s decision will result in a projected loss of €4.4m of direct funding to RTÉ in a full year.
The Broadcasting Bill is expected to be enacted in early 2009.
