Golden Discs sees €73,000 annual loss, plans online store by autumn

Golden Discs has today announced a €73,000 loss for the 12 months to June 2011. This figure is down from 2010’s €710,000 loss and a €1.6m loss in 2009.

Golden Discs sees €73,000 annual loss, plans online store by autumn

Golden Discs has today announced a €73,000 loss for the 12 months to June 2011. This figure is down from 2010’s €710,000 loss and a €1.6m loss in 2009.

Turnover dropped 4.4% year on year from €11.2m to €10.8m for the period. Generally in the Irish market, CD sales are down 19% in 2011 and DVD sales are down 13% (in 2011).

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