Credits roll for TV production firm
A Dublin post-production house whose credits include 'Ireland's Generation Game' and 'Future Shock' has gone out of business, blaming a collapse in commissions from the cash-strapped national broadcaster.
Bobby C TV will be formally would up at a creditors' meeting on January 26, marking the end of a company that employed seven at its peak.
"We were pretty much out the door with work until June," said founder Bob Caldwell. "We'd have gotten most of our work from RTE and they just stopped spending money."
Mr Caldwell added that the RTE work "fell off so fast we didn't have time to get more business in" from feature films and commercials. "People in RTE had been very vocal about the fall in ad revenue all year, but they were still saying money would be spent in the private sector," he said.
The firm responded to the collapse in business by slimming down to six in June, then three in September, and finally to just Mr Caldwell. "I'm starting to get other work in now but it's not enough to support a company with four or five editing suites," he said. The situation facing Bobby C TV was "no different" to what scores of other independents faced.
"The only difference was we were the last in, we only set up in October 2007, so we didn't have a nest egg," he added.
The company is the latest TV casualty of a recession that's already claimed The Farm, a 27-strong post-production firm behind RTE's 'Lost' promos and TV ads for mobile firm 3.
An RTE spokeswoman said 2009 had been "a very tough year for all sectors in the industry" but reiterated RTE's continued "support of, and close working relationship with, the independent sector." RTE will spend millions of euro - well over the statutory requirement - on independently commissioned programming this year, Cathriona Edwards added.