Enya’s profits nearly top €1m

Accumulated profits at Enya’s music business firm nearly topped €1m last year, new figures show.

Enya’s profits nearly top €1m

Accounts recently lodged with the Companies Office show accumulated profits at her Aigle Music Company Ltd dropped marginally from €1m to €985,668 in the 12 months to the end of June.

The cash pile during the year increased marginally from €619,809 to €620,229.

The low profile 54-year-old Co Donegal singer is Ireland’s biggest selling solo artist of all time having sold 80m albums worldwide.

She has sold 26m albums in the US alone during a long career.

After a hiatus of six years, Enya late last year released her first album, Dark Sky Island to positive reviews.

Previously, The Very Best of Enya, which was released in November 2009, spent 56 non-consecutive weeks at No 1 on the Billboard New Age Album Charts.

Enya, or Eithne Ní Bhraonáin, was the world’s biggest selling artist in 2001 and 2002.

The native of Gweedore owns a third share in the Dublin-registered Aigle Music Company Ltd along with her manager Nicky Ryan and lyricist Roma Ryan.

The three have collaborated together since 1982 and their work has included Enya’s first major hit album, Watermark that included the hit single, ‘Orinoco Flow’ that propelled Enya to international fame.

The three have also collaborated for Enya’s new album.

Prior to going solo, Enya had sang for the family group, Clannad where Nicky Ryan was manager.

The figures for Aigle Music Co Ltd show that the money owed by debtors to the firm decreased from €136,887 to €130,052.

The firm’s fixed assets fell in value from €324,337 to €237,309 during the year.

Her musical compositions have brought her many accolades. A four-time Grammy award winner, Enya and her production and writing team were nominated for a Golden Globe and an Oscar for their work on The Lord of the Rings.

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