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A man from Sony thinks One Direction will become a $100m business empire

  • June 14, 2012
  • Brad O'Mance

The chairman of Sony Music UK, Nick Gatfield, thinks that One Direction will come to represent a $100m business in the next year.

Speaking at something called a Creative Industries Reception (wake up at the back) last night, Nick talked of the $50m business that One Direction currently represent, and that he expected that figure to double in the next year.

As reported by Music Week, Gatto also detailed the "team around" One Direction, which includes musicians, stylists, producers and tour managers.

“That's 90 jobs created by these five boys,” he explained, but he didn't specify what per­cent­age was spe­cific­ally for hair maintenance.

  • One Direction
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DJ Fresh would quite like to work with Coldplay and Calvin Harris

  • June 14, 2012
  • Brad O'Mance
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A bit of Mika's new single has been put online

  • June 14, 2012
  • Brad O'Mance
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Further reading
  • 1
    2021 Popjustice Twenty Quid Music Prize: Laura Mvula wins
  • 2
    Sarah Harding
  • 3
    "You asked me not to leave, well here I am again"
  • 4
    The 2021 Popjustice Twenty Quid Music Prize: shortlist announced
  • 5
    New Music Friday: Georgia Twinn's done a song about a moth
  • 6
    New Music Friday: Julia Michaels has purchased, or hired, a chainsaw
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