Alex Turner of Artic Monkeys performed on the Main Stage at 2022's Electric Picnic. Photograph: Alan Betson / The Irish TimesNew accounts filed by EP Republic Ltd show that the company recorded profits after tax of €1.56 million for the 16 months to the end of April 2023 and followed Covid-19 related losses of €336,446 in 2021.
‘I laughed when a friend recommended I buy a single bitcoin when the price was €300. It would now be worth €55,000’The accounts show that the company last year paid out dividends of €7 million to its Irish parent firm and Denis Desmond’s MCD joint venture with Live Nation, Live Nation Gaiety Ireland Holdings Ltd
Shows this year included Taylor Swift’s sell out gigs at the Aviva and Coldplay’s sold out run at Croke Park and Mr Desmond said: “It has been quite phenomenal. We have sold three million-plus tickets in 2024.” “There is big demand for good shows and if you are good there is an audience out there for you,” he said.