Hynes on a roll with US rock show promoter
BRANSON MO NEWS: Eoghan Hynes, the insulation millionare, continues to be the main backer of Papa Entertainment, the promoter of Raiding the Rock Vault (RTRV) — a rock show featuring some of the genre’s top musicians.According to accounts recently filed, Hynes converted loans of £7.9m (€9m) into ordinary and preference shares. The company made losses of just under £1m last year, on revenues of £1.5m. RTRV is held at the Hard Rock Cafe in Las Vegas and the Starlite Theatre in Branson, Missouri, where the company also runs Raiding the Country Vault. Management is looking at an RTRV tour of the US and possibly Europe and Asia, the directors’ report states. Hynes extended further loans to Papa after its March 2017 year-end, the accounts say.
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