RTE faces insolvency by early spring if it does not receive a bailout along with a failure to cut costs.
It's forecast the broadcaster will have a 61 million euro hole in its finances over the next two years as a result of a drop in the number of households paying the TV licence fee.
Representatives appeared before the Public Accounts Committee this morning.
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Director General Kevin Bakhurst outlines what costs it will have to cut in order to help it stay afloat: