The management business bought by music giants Live Nation from former U2 manager Paul McGuinness recorded losses of €203,717 in its first year.

Activist shareholders were today successful in forcing out the chairman and chief executive of photo booth firm Photo-Me International.

Activist shareholders today called for the removal of the chairman and chief executive of photo booth specialist Photo-Me International.

A rebel shareholder was today successful in forcing the resignations of four directors at struggling photo booth firm Photo-Me International.

U2’S management firm Principle saw profits fall by over €1 million last year.