GAAGO subscription revenues rise by 118% to €4.96 millionGordon DeeganSubscription revenues at the controversial GAA and RTÉ joint streaming venture, GAAGO, surged by €2.6 million, or 118 per cent, to €4.96 million last year. According to new 2023 accounts filed by GAAGO Media Ltd, the company’s overall revenues more than doubled, rising from €2.4 million to €5.23 million as the platform benefited from its deal to broadcast GAA championship games to a domestic audience behind a pay-wall. The streaming company’s revenues were made up of €4.96 million in subscription revenues and sponsorship income, which increased three-fold from €90,000 to €273,437. The broadcast of the games to a domestic audience resulted in the company’s costs surging by €2.54 million or 140 per cent from €1.81 million to €4.36 million last year. The accounts show that former RTÉ Director General, Dee Forbes resigned from the board of GAAGO on June 26th, 2023.

Source: Irish Independent October 17, 2024 18:50 UTC