The Leisure Media Company Ltd
The Leisure Media Company Ltd
The Leisure Media Company Ltd

Ministry of Sound mixes up a treat

London superclub Ministry of Sound has stated that it has ‘turned the corner’ in terms of its P&L balance, reporting profits of £1.7m for the year to 31 December, 2003, compared to 2002’s losses.

Last week, Ministry revealed its 2002 and 2003 results at the same time and admitted that 2002 was a ‘difficult’ year.

After founder, James Palumbo, stepped down in 2003, Mark Rodol came on board as chief executive, streamlining the business and concentrating on two core aspects – the nightclub in Elephant and Castle and the lucrative record-making market.

Ministry has been reported as saying that it is now going ‘from strength to strength’ in terms of future business prospects.

London superclub Ministry of Sound has stated that it has ‘turned the corner’ in terms of its P&L balance, reporting profits of £1.7m for the year to 31 December, 2003, compared to 2002’s losses. Last week, Ministry revealed its 2002 and 2003 results at the same time and admitted that 2002 was a ‘difficult’ year. After founder, James Palumbo, stepped down in 2003, Mark Rodol came on board as chief
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Ministry of Sound mixes up a treat
London superclub Ministry of Sound has stated that it has ‘turned the corner’ in terms of its P&L balance, reporting profits of £1.7m for the year to 31 December, 2003, compared to 2002’s losses.
The Leisure Media Company Ltd
The Leisure Media Company Ltd