Job losses at TV3

Elmo

from rte.ie:-

TV3 is cutting up to 15 jobs as part of a new cost-cutting operation at the television station.

It says a decline in revenues and a continuing weakness in the advertising market have required it to 'adopt a prudent approach for the year ahead'.

TV3 said efficiencies in its studio operations, news reporting and administration will deliver cost savings to mitigate shortfalls from the ad market.

'We very much regret any redundancy, but will take whatever measures are required to ensure the business remains strong through the economic downturn,' TV3's CEO David McRedmond said.

The job cuts will be achieved through a voluntary redundancy programme, which will be implemented over the coming weeks.

250 are employed at the station, which has been operating since September 1998.

http://www.rte.ie/news/2008/1001/jobs1.html

Fat_Fingers

RTE, do you hear that??? Please remove Pat Kenny and you will save millions!

Elmo

I have been thinking about this over the last few days. It seems very strange for TV3 to be cutting jobs.

The BCI as regulator need to approach TV3 on this, espically in the current economic climate.

TV3 employ a staff of 250 and gave a gaurentee to the BCI that 10 new job would be created on the replacement of TV3 News @ 6:30 by Xpose.

20 jobs where taken over by TV3 when they took over Channel 6. Meaning that only 5 of those jobs where kept. Again I am sure the BCI got some assurance on jobs with the takeover, I am not privy to those details.

With 60,000,000 in advertising sales each year and an pay bill of around 10,000,000est I really don't see why TV3 feel the need to take these jobs.

David McRedmond wants to have a strong company but TV3 is a weak company, he and the management staff should have announced a 10% pay cut which would have saved as much money as dropping 10 people.

The Channel 6 takeover is a case of mismanagement of TV3. IMO.

On a side note should banks start letting people go, the Executives should be told by the Regulator to cut their managements and their own pay packets and then think about letting people go.

I know you will say that this is only a small in comparision to letting people go but saving should start and the top and slowly make their way down IMO AND OTT

copacetic

tv3 have spent a lot of money recently on rugby world cup, gaa rights and the champions league rights for next year.

looks like the gaa were very lucky with the bids they got this year for the rights, wouldn't get anything like the same level if the rights were up next year.

Andy454

considering that tv3 have problems filling one schedule, why did they feel the need to try take over another!

competition isn't going to suceed in a market that is heavily dominated by all the same players.

Elmo

competition isn't going to suceed in a market that is heavily dominated by all the same players.

No but most Television services realise as the market continues to divide up with newer channels that they also have to be part of the over all picture.

You can see it in the UK where many of the channels are basically part of one large family.

BBC 1, 2, 3, 4, NEWS etc
ITV 1, 2, etc
C4, E4, More4, Film4
Five, FiveUS, FiveLife
UKTV = Alibi, Dave, Watch, Gold etc
Virgin 1, Challenge, Trouble, Bravo etc
Sky 1, 2, 3, Sky Sports 1, 2, 3, Sky Movies etc

This basically means that the main player have remained in control or have retained their audience share. TV3 don't want to see their audience share diluted or give to a new company it would be better to keep the 12% share in the Family. Which they hope will mean retaining their market share and their share of the advertising revenue. None of the add on stations actually add to the original services well perhaps the BBC ones do but the rest tend to be repeat TV.

Elmo

Why are there job losses at TV3?

I still am asking myself this question. Even if they are going through a rough patch they really don't need to lay people off.

As I have said before (too many occassions) TV3 earn 60,000,000 euro a year, even if they have a drop they are still make a profit.

I know I shouldn't compare RTE to TV3 or visaversa but RTE spend 25,000,000 on 11,000 which can only mean that TV3 are spending much less, TV3 must show 30% Irish programming and they only employ 250 people.

According to Noel Curran in RTE, TV3 have profits of 20million euro.

I know that they bought Channel 6 but the BCI should really have thought about this takeover. UPC were also interested in the station according to the Newspapers.

In 2006 TV3 pushed for a new TV show called expose, stating that they would increase their employee numbers by 10. Of course had they not replaced the 6:30 news with Expose they wouldn't have had to ask the BCIs premission.

Perhaps I am being very negitave toward TV3.

byte

Elmo wrote: »

Perhaps I am being very negitave toward TV3.

No change there! :pac:

Elmo

Neither RTE nor TV3 have a leg to stand on IMO.

TV3 are stating RTE cut price advertising rates as a reason that they aren't doing so well. Yet lets face it both RTE and TV3 have a major share of the 300,000,000 million advertising revenue available to both channels.

Bye Bye TV3 news at 5:30. There will be no Irish programming on TV3 at the weekend because during this downturn in the Economy TV3, TV3 must keep earning as much as it possible can, **** our staff and audience.

It seems that TV3 can't afford to take over C6, don't let them wet the ink BCI.

http://www.irishtimes.com/newspaper/ireland/2008/1021/1224454425921.html

No change there!

Why stop now

Elmo

And to open up the conversation a bit more. There is 25,000,000 RTE could save on their night time schedule. and on presenters fees.

http://www.irishtimes.com/newspaper/breaking/2008/1020/breaking60.html?via=mr

To Gerry Ryan if he reads boards:-

Yes RTE do make a million before even before the pay for you but then RTE make a hell of a lot of money long before you go on air through the license fee.

97i9y3941

tv3 cutting jobs?,sure doesnt it always looks like they are short staffed when they have the same people doing the sports/news/afternoon show programs!

Michael Kennedy

Elmo wrote: »

I know I shouldn't compare RTE to TV3 or visaversa but RTE spend 25,000,000 on 11,000 which can only mean that TV3 are spending much less, TV3 must show 30% Irish programming and they only employ 250 people.

According to http://www.irishtimes.com/newspaper/ireland/2008/1021/1224454425921.html RTÉ employ 2,300, not 11,000.

Elmo

Sorry RTE spend 25,000,000 on 11,000 hours of Imported Programming.

Elmo

Fred83 wrote: »

tv3 cutting jobs?,sure doesnt it always looks like they are short staffed when they have the same people doing the sports/news/afternoon show programs!

From Pat Fitzpatrick of the Sunday Indo

TV3's other daytime offering, Midday, promises in the listings to take a light-hearted look at the day's news. Given some of that station's other home-grown efforts, you might assume that Midday will be a couple of telegenic Z-listers on cheap sofas, squeezing out celebrity gossip in a studio that they made for €18. This is why I'm surprised when I tune in, to see six people in a brash studio with views out over the Dublin mountains. TV3 doesn't usually stretch to six people. It's a good start.

Colette Fitzpatrick appears to be the presenter of the show because she sits in the middle and has a pen. At least that's what I thought: then, the camera pans to the end of the desk and her news-reading colleague, Alan Cantwell -- who also has a pen -- moves the debate on to the suitability of mobile phones for young teenagers. Just as I'm wondering who is the presenter, and who is on the panel, the camera cuts to the far end of the desk, where pen-holding weather-wizard Martin King tells us they'll be back after the break.

Are they all presenters? Is it a reality-TV show, where one presenter is sent home every week? Or, in these hard times, is it a programme that allows TV3 to squeeze more work out of its stars? I'm half expecting to see the windows behind the panel being cleaned by Mark Cagney, Vincent Browne and Chesney from Coronation Street.

He actually gives a very good review of the show. http://www.independent.ie/lifestyle/the-weird-world-of-daytime-tv-1541507.html