Sunday 21 January 2018

Ronan Keating on song as firm's cash pile increases

Ronan Keating and partner Storm Uechtritz in Sydney, Australia
Ronan Keating and partner Storm Uechtritz in Sydney, Australia

Gordon Deegan

The cash pile at the entertainment firm co-owned by singer Ronan Keating climbed to €218,709 last year as the company continued to make profits.

The Dubliner endured a tumultuous time in his private life last year with the split from his wife, Yvonne Keating.

However sales from his first solo album in six years, called 'Fire', ensured that his music business continued to prosper.

New figures show that Keating's Entourage Management Agency Ltd recorded a profit last year and its cash pile at the end of August had increased from €204,936 to €218,709.

As a solo artist, Keating has sold over 25 million records worldwide alongside the 30 million records with Boyzone.

UK TOUR

Keating performs at Kingsholm Stadium in Gloucester tonight as part of his current UK tour and will play the O2 in Dublin in November.

The 36-year-old Boyzone singer separated from his wife Yvonne last year, officially announcing their split in April 2012.

However, the returns show that Yvonne continues to own a 50pc share of the firm.

The firm derives its income from live performance and related broadcast income and the abridged accounts show that the company strengthened its balance sheet in the 12 months to the end of August 2012.

Irish Independent

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