Business Irish

Saturday 30 August 2014

Cranberries' success lingers as profits rise €71,973

Gordon Deegan

Published 09/04/2013 | 05:00

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Dolores O’Riordan performing on stage

LIMERICK band The Cranberries continue to rack up profits almost 20 years on from breakthrough single 'Linger'.

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More than two decades after forming, Dolores O'Riordan and her Limerick bandmates continue to profit from their music.

New figures for the band's company Curtain Call Ltd show profits of €71,973 in the 12 months to the end of December 2011.

Profits were €248,183 in 2010, after the band started touring following a six-year break. The firm's accumulated profits increased from €206,837 to €278,810 in 2011.

Its cash during the period increased from €53,116 to €104,293.

Separate figures for a subsidiary, All Round Touring Ltd, recorded a profit of €102,770 in 2011 after recording losses of €84,751 in 2010.

The band's debut album 'Everybody is doing it, so why can't we' sold more than five million copies in the US.

All four members have a 25pc shareholding in Curtain Call Ltd with the two Hogans providing Limerick city addresses, Lawler living in Cratloe, Co Clare, and O'Riordan in Grange, Co Limerick. Some of the band's best known songs include 'Dreams', 'Promises', 'Zombie' and 'Free to Decide'.

The band reunited after a six-year break in 2009 to commence a North American tour, followed by dates in Latin America and Europe in early 2010.

The band recorded their sixth album, Roses, in May 2011 and released it on February 2012.

Irish Independent

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