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One Direction signs contract with Sony for 3 years and 3 albums

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One Direction signs contract with Sony for 3 years and 3 albums

  • One Direction reportedly signed a contract
  • The contract indicates a time period of 3 years
  • The band will also receive a large amount of money if they're still together at the end of the 3 years
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It looks like One Direction will stay together for at least three more year, according to a rumored contract with Sony.  However, what will happen if the band were to split up before then?
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Well, it’s not likely to happen because a source close to the band tells the Sun, “It’s a really clever contract that the boys have signed up to. It means they have a real incentive to tough it out and stick together.  The formal length is for 36 months and an album a year - but the clever part is they get the big pay day after the three years.”
 
But if they were to split up before then, and even one member of the band walks away,  all of the members would lose out on the millions of dollars.  The source says, “If one of them walks away before then, then all five miss out on the money.  They don’t miss out on a few quid either, we are talking millions.They all get on really well, but it would be the kind of deal that would see them through the worst aggro possible.”
One Direction as contestants on X Factor
One Direction as contestants on X Factor
 
Well, they’ve pretty much ensured that we will be seeing One Direction on billboards and stores until 2016, at least.
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