Sales help Sony Music Ireland to €20m revenues

But operating profits decreased by 64% from €2.27m to €807,000

The Script on stage at Musgrave Park, Cork. Picture: Dan Linehan

Music sales by Irish acts such as The Script, Gavin James, Christy Moore, and Picture This last year contributed to revenues at the Irish arm of music giants, Sony, increasing by 5% to €20.2m.

New accounts show that despite the rise in revenues, operating profits at Sony Music Entertainment Ireland Ltd decreased by 64% from €2.27m to €807,000.