Patrick Kielty’s production company, Pamanco Ireland Ltd, issued €218,590 in dividends during its most recent financial year, according to company accounts. The firm, which handles the television presenter’s professional income, reported a 9 per cent decline in pretax profits to €158,908 for the year ending July 31, 2025. This financial activity coincides with the potential conclusion of Kielty’s three-year contract to host RTÉ’s The Late Late Show.
How has Pamanco Ireland Ltd performed financially?
Financial records show that Pamanco Ireland Ltd’s revenue fell by 6 per cent, moving from €286,656 to €268,324. Alongside the dip in revenue, the company’s cash reserves decreased from €113,393 to €94,287. After accounting for a €19,851 corporation tax charge and the significant dividend payout to its parent company, Boxed Productions Ltd, the firm’s accumulated profits dropped to €71,982. Despite these fluctuations, directors stated in a report signed on April 17 that the company intends to maintain its current trading levels and activities.
Pamanco Ireland Ltd is a subsidiary of Boxed Productions Ltd, a Co Down-registered entertainment firm. The dividend payout of €218,590 was directed to this parent entity.
What is the status of the contract negotiations with RTÉ?
Patrick Kielty’s current three-year contract with RTÉ expires this month, and no renewal has been officially confirmed. RTÉ director general Kevin Bakhurst informed the Joint Oireachtas Committee on Arts, Media, Communications, Culture and Sport on May 20 that the broadcaster is actively negotiating with the presenter. When pressed on potential contingency plans should those talks fail, Bakhurst stated, “We want to get Patrick back but we will have to have one in case we cannot conclude a deal with him.”
How does the show’s performance influence renewal talks?
RTÉ management maintains that The Late Late Show remains a cornerstone of its programming. According to an RTÉ spokeswoman, the show averages 385,000 viewers per episode, representing a 38.2 per cent audience share. Digital engagement is also a factor, with the broadcaster reporting 1.46 million streams via the RTÉ Player. The network has publicly stated it expects the programme to return for its 65th season in the autumn.
In the broadcasting industry, talent contracts are often structured through private limited companies to manage tax liabilities and operational costs. The public disclosure of these figures through company accounts provides a rare window into the financial arrangements of high-profile media figures.
Frequently Asked Questions
Is Patrick Kielty leaving The Late Late Show?
No official departure has been announced. While his current three-year contract concludes this month, RTÉ has confirmed they are in ongoing negotiations to renew his tenure for the upcoming season.
How much was Patrick Kielty paid for the show?
In June 2023, Kielty confirmed his contract was valued at €250,000 per 30-episode series, totaling €750,000 over the three-year term.
What happens if RTÉ and Kielty do not reach a deal?
RTÉ director general Kevin Bakhurst confirmed to the Oireachtas committee that the broadcaster is preparing contingency plans in the event that a new agreement cannot be finalized.
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