Spock 20,290 Posted October 3, 2014 Share Posted October 3, 2014 Expose ha (this was kind of obvious but still) When One Direction Âmembers Louis Tomlinson and Liam Payne tweeted at fellow boy banders 5 Seconds of Summer back in February, announcing to their millions of followers that the Aussie pop-rockers had a new single out, casual observers may have chalked up the endorsement to chummy camaraderie. After all, 5 Seconds, which formed a year after 1D debuted on the U.K. X Factor, were represented by the same company, London-based Modest Management, founded by music industry veteran Richard Griffiths. But relations between the two groups go deeper. According to multiple sources, 1D holds a financial stake in 5SOS. An Aug. 9 report in a U.K. paper was the first to make the connection, reporting that the five members of 1D, which also includes Harry Styles, Zayn Malik and Niall Horan, own a share of London-based company 5SOS LLP. Billboard has since confirmed that the registered partners listed for the company are the four members of 5SOS and One Mode Productions, whose directors include the five members of 1D in addition to Modest’s Griffiths and Will Bloomfield. According to the documents filed at London’s Companies House, the split allots for 120 shares: 1D holds 50 percent, and the managers hold the other 50. Looking at 5SOS music sales so far, for instance -- 788,000 albums and EPs and 2.4 million song downloads sold, per Nielsen SoundScan -- that would amount to $250,000 in earnings for Modest and 1D, or $25,000 added to each 1D member’s bank account, Billboard estimates. Consider bigger revenue generators like merchandise, and 1D could see far greater returns. (...) The pairing is a no-brainer, says one insider privy to the arrangement. “The thinking is, ‘The bigger these guys get, the more money we make,’ †says the source. “They’re going to put someone on as the opening act on the tour anyway, why not put somebody that they have a financial interest in?†Modest principals Griffiths and Harry Magee, who manage both groups, declined to comment, but in an interview with Billboard in March, Magee credited 1D as “early adopters of 5SOS†explaining that Horan and Tomlinson played the music to the rest of the band who agreed 5SOS should support 1D on their arena tour. (...) http://www.billboard.com/articles/business/6273836/one-direction-secret-investment-5-seconds-summer who will love me when the night is over Link to post Share on other sites More sharing options...
artpopmess 369 Posted October 3, 2014 Share Posted October 3, 2014 Did anyone really think they were promoting them out of the goodness of their hearts don't follow my instagram (trying out reverse psychology) Link to post Share on other sites More sharing options...
monsterdreams 1,529 Posted October 3, 2014 Share Posted October 3, 2014 :dead: 1D make so much money Haters gonna need more than a flashlight for my shade Link to post Share on other sites More sharing options...
HANZ 4,380 Posted October 3, 2014 Share Posted October 3, 2014 Already business men ALL DAT MONEY So basically they OWN 5sos, they have power tbh ps: does anyone else think their legs look weird/funny? My Favs = Lady Gaga, Janet Jackson, Ricky Martin, AKB48 Link to post Share on other sites More sharing options...
Tropico 4,145 Posted October 3, 2014 Share Posted October 3, 2014 tbh they'd be nobodies without 1D. They made them. Like how Marina made Charli XCX. ♢ Social Justice Enthusiast ♢ Link to post Share on other sites More sharing options...
MonsterOfSpain 8,275 Posted October 3, 2014 Share Posted October 3, 2014 obvious Link to post Share on other sites More sharing options...
Tropico 4,145 Posted October 3, 2014 Share Posted October 3, 2014 Did anyone really think they were promoting them out of the goodness of their hearts I did ngl Well i thought the tweets was just kindness ♢ Social Justice Enthusiast ♢ Link to post Share on other sites More sharing options...
artpopmess 369 Posted October 3, 2014 Share Posted October 3, 2014 Omg my friend loves 5sos and has bought all of their albums/eps whatever multiple times but lowkey hates 1D, Idk how she's going to react when she finds out all this time she was actually giving money to zayn and his gang don't follow my instagram (trying out reverse psychology) Link to post Share on other sites More sharing options...
RAMROD 96,753 Posted October 3, 2014 Share Posted October 3, 2014 all 5SOS fans better be careful then, and never send threats to 1D members :xtina: (ﾉ◕ヮ◕)ﾉ✧*:･ﾟ be delulu until it becomes trululu (*´艸｀*) ♡♡♡ Link to post Share on other sites More sharing options...
johnpe 916 Posted October 3, 2014 Share Posted October 3, 2014 shocking brand new information MAKE IT WORK Link to post Share on other sites More sharing options...
MonsterOfSpain 8,275 Posted October 3, 2014 Share Posted October 3, 2014 I did ngl Well i thought the tweets was just kindness inb4 ariana and britney and etc own gaga too Link to post Share on other sites More sharing options...
Runway 27,876 Posted October 3, 2014 Share Posted October 3, 2014 Zayn making dolla$ off his clones What kinda king Link to post Share on other sites More sharing options...
RAMROD 96,753 Posted October 3, 2014 Share Posted October 3, 2014 inb4 ariana and britney and etc own gaga too It will be the other way around with Ariana :xtina: (ﾉ◕ヮ◕)ﾉ✧*:･ﾟ be delulu until it becomes trululu (*´艸｀*) ♡♡♡ Link to post Share on other sites More sharing options...
Tropico 4,145 Posted October 3, 2014 Share Posted October 3, 2014 inb4 ariana and britney and etc own gaga too Gaga better work to get dem dose coins or she's gonna have a serious problem tbh. :madge: ♢ Social Justice Enthusiast ♢ Link to post Share on other sites More sharing options...
RAMROD 96,753 Posted October 3, 2014 Share Posted October 3, 2014 Already business men ALL DAT MONEY So basically they OWN 5sos, they have power tbh ps: does anyone else think their legs look weird/funny? Jeggings are funny. That is why. (ﾉ◕ヮ◕)ﾉ✧*:･ﾟ be delulu until it becomes trululu (*´艸｀*) ♡♡♡ Link to post Share on other sites More sharing options...
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