More good news over at the Chrysalis Group where the phenomenal success of Outkast's 'Speakerboxxx/The Love Below' - on which they own 75% of the publishing rights - helped secure a massive leap in profits. The music publishing and radio group achieved profits of £3.7 million in the six months prior to 29 Feb - up from £1 million in the same period the previous year.
Announcing his company's recent successes, Group Chief Executive Richard Huntingford said: "This is another strong set of results for shareholders. We continue to deliver on the Chrysalis 'outperformance' mantra with very strong showings from our Radio and Music divisions compared to their industry peers. Current trading and good visibility, together with the superior growth dynamics inherent in our radio businesses, gives us plenty of confidence for the future."