RBB under fire: Loss of millions and reviews of investment strategy!

But that's not all. The RBB defends itself and indicates the weak return on the price losses in the calendar year 2022. The institution argues that the long -term investment strategies have achieved a positive return of 3.05 percent a year between 2011 and 2022. Another black spot: the failed investment in the "Digital Media House" project, which cost RBB a whopping 6.9 million euros. Director Ulrike Demmer promised improvements and an almost military discipline for future construction projects.

dark side of the RBB finances

The “Digital Media House” project proved to be a significant financial loss as an expensive flop. Demmer emphasized the intention of learning from the mistakes and in the future to determine clear rules for future construction projects. These should be more oriented towards the standards of the Senate Administration in order to avoid risky procedures and to guarantee reliable costs of cost.

In the case of pension schemes, the RBB indicates the collective negotiation within the ARD and intends to respond more to the expectations of the Berlin Court of Auditors in the future. This intention signals a possible change of course towards more individualized collective bargaining.

A look into the future

What does that mean for the future of the RBB? The advance of fixing the financial misery is urgently necessary to get the broadcasting institution out of the red figures. The reduction in pension obligations and the realignment of the financial strategy are essential if the RBB wants to survive in the media landscape. However, it remains to be seen whether the desired change of course will work.