Profits at a company owned by the Cranberries skyrocketed by nearly half a million euros following the death of Dolores O’Riordan.
Interest in the rock band’s back catalogue contributed to an accumulation of €492,963 last year.
According to new accounts lodged by Cranberries company Curtain Call Ltd, the firm recorded profits of €74,172 in 2018.
During the same period, its cash pile more than doubled from €80,047 to €202,333.
Limerick singer O’Riordan, 46, drowned in a bath in a London hotel room last January. The tragedy prompted tributes from around the world and sparked renewed interest in the Cranberries’ music.
In the aftermath of the mother of three’s death, Spotify reported a 992% increase in streams of the band’s back catalogue.
While Amazon and iTunes reported sales of Cranberries music rocketing. The three surviving members of the Cranberries – Fergal Lawler, Noel Hogan and Michael Hogan – are directors of Curtain Call Ltd.
The accounts show their pay at the company last year increased more than nine-fold from €32,704 to €309,406.
The rise is partially off-set by a drastic pay cut for directors’ in a subsidiary of Curtain Call Ltd – All Round Touring Ltd – where pay reduced to nil from €134,074 in 2017.
Underlining the increased economic activity at Curtain Call last year, the amount owed in PAYE and other taxes increased more than eight-fold from €9,541 to €79,753.
