Profits at Van Morrison company top €3m
The accounts for Exile Productions cover the 12 months to the end of last April; a period in which the singer-songwriter toured extensively to mark more than 50 years in the music business and sold the rights to more than 30 of his albums to Sony.
No price was disclosed for the deal which didn’t include the rights to two of Mr Morrison’s most popular albums, Astral Weeks and Moondance, as they remained with Warner Brothers, which originally released those albums.
