Investment in developing digital revenues last year contributed to broadcaster Norah Casey’s publishing group slipping into the red.

The online news agency established by former RTÉ presenter Mark Little is to double revenues in 2012 and expects to do so again in 2013.

RTÉ Dragon and publisher of Irish Tatler and U magazines Norah Casey said yesterday that it was “a Herculean effort” for her publishing group to return to profit to record pre-tax profits of over €330,000 in 2010.

THE coffee shop chain business Insomnia co-owned by RTÉ Dragon, Bobby Kerr was hit by “inappropriate use of funds” totalling over €280,000 in 2009, new accounts reveal.