In a statement issued today, RTE confirmed that there will be some form of "in-house production" going into the future but said details of this were not yet confirmed.
Independent.ie understands that while a budget is still to be agreed, it will be reduced when compared with previous budgets.
An insider said: "Both sides are aware of the cuts RTE need to implement across the board and they are prepared to work together into the future."
The statement, released by the broadcaster today, reads: "RTÉ and the TUG [Trade Union Group] are committed to working together to ensure that younger audiences continue to be served, while maintaining the necessary savings that had previously been identified given RTÉ's ongoing funding concerns.
"RTÉ will continue to offer the RTÉjr service on television, radio, and online/mobile for under 7s, as well as TRTÉ, the block of programming on RTÉ2 for 7-12 year olds.
"Details of in-house production are still being worked on and the Trade Union Group and RTÉ have committed to quarterly reviews of the agreement."