Why do you like looking at how much they are earning? I never understood why or if you liked looking at numbers lol
It never did interest me at first, to be honest. I figured they used $20 bills to sneeze into. I assumed, with their market presence and their global recognition, they were raking in tons of cash. So, I never looked into it. Then I came across their financials when I was looking into 78P, and that was like practically Christmas in April to me. But, I was really surprised at the numbers I saw, because like I said, I thought they were making a lot more. Their 2014 numbers are really interesting, too, because they’re making twice what they made in 2013, largely due to the stadium tour. For me, someone who has been back and forth with the idea of a 5th tour, to see those numbers and how much they’d be missing out on if the didn’t go forward with it really put it into perspective. In 2014, touring accounted for 88.48% of their paychecks, according to Billboard. Their 2016 return, without a tour, then would be 11.52% of what they’re used to bringing in. If they have the option for the tour (which they do), up against those kind of numbers, it’s hard to turn away from. I got caught up in the non-fiscal elements when I was debating the alternatives, but we really can’t just push money to the side and ignore it.
I’m trying to figure out the bigger picture here. If you don’t factor money into it, you’re missing potentially the biggest part of the entire equation. One Direction is a business at the end of the day, and money is what matters most. There’s a lot more, of course, but a lot of it boils down to dollars and cents. It’s boring to most people, but it really is a vital part to understand what’s going on behind the scenes. And this in my line of work, so it is interesting to me.
Also, it’s another really obvious element to how much the boys have been screwed over. As we’ve seen, low cuts for musicians are pretty standard industry practice. But, I personally can’t help but think that - especially for the first couple of albums - the boys were cheated out of a lot of money just because they were so young when they signed up. During negotiations now, with industry experience and perhaps a real power player now (read: Azoff) in their corner, hopefully they’ll be able to carve out a bigger cut because, yes, they earn a lot, but the band as a brand earns a hell of a lot more and they deserve a larger chunk of that. Also, bonus.
Interviewer: You’re now being called the first billionaire boyband for what you’ve earned in 12 months. (All start talking at once and looking offscreen.) Louis: We wish. Liam:We wish that was true. I need to speak with my bank manager just in case. Harry: If that’s true, we need to have a word with our management. Louis: Get in! Get in! Niall: Someone’s telling us lies if that’s true. Louis: Tell you what. We need a word with our record label if that’s the case. Liam: And bank managers. Someone’s not telling us something. Louis: (to interviewer) Is that what it says, yeah? Niall: (to someone offscreen) You’ve got hidden money belonging to us. Interviewer: Are you all looking over at your manager or something right now? Louis: Yeah, who’s ran out of the door with a couple of briefcases. Liam: You could be owed tens of thousands of pounds, like one of those adverts. If you’re a boyband and you lost your money - Louis: Has your management fucked you over?