One Direction earnings: Band spends millions a year to say …
April 3, 2017 - one direction
The boys from One Direction applaud a final night of their Australian debate with an on-stage cake fight. Courtesy 1dlatestvids/YouTube
THE One Direction boys substantially bank another million any time one of them sneezes — though being so commercial to immature teenagers comes during a cost.
The Sun has detected maintaining a One Direction code for a year set a boys behind a whopping A$39.9 million before they motionless to take a break.
Accounts filed for 1D Media for 2015 uncover only where Louis Tomlinson, Harry Styles, Niall Horan and Liam Payne splashed a income — and a lot went on styling those high-maintenance hair styles.
Their huge On a Road Again universe debate ran adult a A$17.6 million bill.
But other losses enclosed $76,218 on personal styling, $1.31 million on travelling and dishes and $16,400 on bank charges, of all things.
They also split out $246,872 on bureau admin, $1.33 million on authorised matters, $425,553 on organisation costs and $159,715 on word — presumably to especially cover a clearly henceforth harmed Horan.
Directors’ salaries for a rope — and ex-member Zayn Malik — accounted for $924,529, nonetheless we can be certain they took home many some-more than that as their association posted $50.3 million profit.
A source said: “If you’re going to be partial of a low-pitched juggernaut such as One Direction that creates $103 million before taxation afterwards you’re fundamentally going to catch a few losses along a way.
“But it’s fascinating to see only how and where a income was being distributed.
“The subsequent accounts will be for a initial year a rope didn’t recover any new music, so increase will inevitably be down. But so will hairstyling costs.”
Having quiescent as directors of 1D Media in Apr 2016, a boys done $23 million any from offered only 10 shares in a firm.
So their fortunes are frequency going anywhere and no doubt their solo careers will keep things ticking over and their accountants happy.
This essay originally seemed on The Sun and has been republished here with permission.