Falling sales of DVDs and CDs by RTÉ’s commercial unit last year contributed to a 20 per cent drop in revenues to €20 million. The sale of DVDs such as the record-breaking Love/Hate series has always been productive for RTÉ Commercial Enterprises DAC. After the closure of HMV’s stores in Ireland, however, the company lost an important outlet. A report by its directors also indicated that consumers had moved away from buying CDs and DVDs. “We are reviewing our presence in the market with business activity limited to managing existing and exploring licensing deals,” the report said.

Source: The Times October 19, 2017 22:52 UTC