Sales of U.K. co. up 174%

LONDON — Profits at rapidly growing U.K. music and TV company the Sanctuary Group soared 76% in the six months ended March 31 to £2.3 million ($3.2 million) on sales of $49 million, up 174%.

Sanctuary’s core business is music management — acts include Guns N’ Roses, Iron Maiden and Megadeth — as well as marketing its extensive catalog of recordings.

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