ENTERTAINMENT group Sanctuary said 2003 had been a record year for live music as it posted a 19.7 per cent increase in pre-tax profits to £17m.

Sanctuary, owner of the biggest live tour booking agency outside the US, said it was involved in about 7,000 shows across Europe, Asia and Australasia.

Acts staging concerts included Dido, Robbie Williams, The Darkness, Red Hot Chili Peppers and Coldplay.

Andy Taylor, executive chairman, said: "We expect to see strong growth and for the Sanctuary model to bloom further in 2004."