One Direction 'Made Almost £100 Million In Two Years'
Simon Cowell apparently saw the lads as the new Westlife...
One Direction have reportedly pocketed almost £100million between them in the last two years.
According to Simon Cowell.
In the extract, printed by the newspaper, Bower writes: "One Direction were Cowell's new Westlife – a revival of his mastery of the music business.
"Nothing had been left to chance by Sony Music, with the band's hit album Up All Night selling over five million copies."
He continued: "The songs, publishing, discs, DVDs, merchandising and endorsements brought in huge profits, with the five members of the group together estimated to have earned nearly £100 million ($162 million). Naturally, Sony and Syco raked in much more."
It is thought that SyCo and Sony Music have made as much as £200 million ($324 million) since the lads shot to fame on the 2010 series of The X Factor.
The boys are currently gearing up to the release of their new single Live While We're Young on 30th September, which is the first cut from sophomore LP, Take Me Home, due for release in November.
Cowell recently revealed that he could have never have predicted One Direction's success, telling MTV News that the "the world, right now, is theirs."