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By Jon Robinson The continued boom in music streaming as well as the popularity of Abbey Road Studios among major artists helped Virgin Records’s profit more than double during its latest financial year. The company has reported a pre-tax profit of £76.9m for 2023, up from the £37.2m it posted in 2022. According to newly-filed accounts with Companies House, Virgin Records’ turnover also increased from £72m to £76.9m over the same period. The company said the rise in its turnover was due to an increase in demand for streaming services alongside a growth in recording studio activity and retail s…

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