'Song of the Sea' animator Cartoon Saloon enjoys soaring profits
Published 19/08/2015 | 02:30
The Kilkenny animation firm behind the Oscar-nominated 'Song of the Sea' has enjoyed a jump in profits.
Accounts show that in 2013 it increased pre-tax profits almost threefold to €123,418.
The Cartoon Saloon is currently riding high after the Ireland and UK release of its critically acclaimed film 'Song of the Sea'.
The feature missed out on the Oscar for Best Animated Feature Film in March, but company MD Gerry Shirren said yesterday: "The reception for 'Song of the Sea' has been so good, it has been overwhelming at times."
He said: "The film has won major awards in the US, Canada, Brazil, France, China, Japan and locally here while the reviews worldwide have also been fantastic with the film scoring 99pc on Rotten Tomatoes for all critics and 91pc for Audience Score, an unbelievable score."
A large customer of Cartoon Saloon Ltd during 2013 was connected firm Song of the Sea Productions Ltd, where Cartoon Saloon Ltd provided services totalling €1.19m.
This followed Cartoon Saloon providing services totalling €1m in 2012.
At the end of 2013, Cartoon Saloon Ltd had accumulated profits of €304,116.
Cartoon Saloon was established in 1999, and today employs 56 people.
Last week, the studio confirmed that it is linking up with Angelina Jolie for its upcoming 'Breadwinner' animated feature.