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Simon Cowell leaves his Syco record label to focus on new TV ventures



Simon Cowell has been in the music industry for 40 years, setting up Syco Music as part of his Syco Entertainment empire in 2002.


Simon Cowell with One Direction

Simon confirmed to The Sun newspaper he will no longer be involved with Syco Music, which is the recording side of Syco who over the years have signed big selling artists such as Leona Lewis, Susan Boyle, One Direction, James Arthur, Camila Cabello, Il Divo and Little Mix.


Simon Cowell with Little Mix

In recent years it has struggled to promote recent X Factor stars which had always been it's bread and butter.


Simon will now focus on the television side of Syco, which has produced huge shows such as X Factor and the global Got Talent.


Simon Cowell with James Arthur

Simon has bought out Sony Music Entertainment's share in their joint business venture after 15 years, giving him full control of his TV talent shows.



Simon said: "The shows we created have found so many amazing artists over the years and so many of the various Sony labels all over the world have enabled so many of those artists to fulfil their dreams," he said. "We have all shared some incredible achievements, and importantly we have had lots of fun."

He added, "I won’t say this was an easy decision to make, however sometimes you have to personally support something you are so passionate about. I’ve always believed it’s important to take on new goals in order to drive new ideas and creativity so I’m very excited to be taking an independent and creatively-led Syco Entertainment into the future."


Although this feels like the end of an era. We hope Simon goes on to make incredible new television shows.


The Official announcement:


Television personality and music mogul Simon Cowell will buy Sony Music Entertainment's stake in their joint venture, Syco, which is home to hit talent shows like "Got Talent" and "The X Factor", the music conglomerate said on Wednesday.

The rights to the television formats will be transferred to a new company, Syco Entertainment, and will be held by Cowell.


Sony Music said it will, however, retain music assets that include show alumni like One Direction and Camila Cabello.


The partnership that lasted more than a decade, expanded the "Got Talent" brand to 76 local versions across the world with "The X Factor" airing in more than 130 territories.




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8 Comments

7/27/2020

💙💜💛💚👍👍👍👍👍

Sharn

7/17/2020

Whatever you do Simon will be a Success I am sure ...All the very Best x

KayAdams

7/16/2020

Good luck on your new venture. Hope you and Louis Walsh will work together.You 2 have great banter. I am a huge fan of you.Would love a sign photo

KayAdams

7/16/2020

Good luck on your new venture. Hope you and Louis Walsh will work together.You 2 have great banter. I am a huge fan of you.Would love a sign photo

Sylvia Somerville

7/16/2020

I am very pleased Simon is moving on. He is amazingly creative and energetic and I know the best has yet to come. Congratulations Simon. Hugs.

Judith corttel aroy Jordan

7/16/2020

Congratulation,👍👍😍😍enjoy and have fun!!!..😍😍😍.I am your avid fan here in philippines for a long long time,Ive been watching AGT online.. but sometimes I can't see your show because of the enternet connection problem...I wanna say thank you so much,,,May God bless you every single moment of the day,and GOD continue shower his blessing to you..stay safe,stay healthy.stay humble..TO GOD BE THE GLORY😀🙏🙏🙏

Judith corttel aroy Jordan

7/16/2020

Congratulation,👍👍😍😍enjoy and have fun!!!..😍😍😍.I am your avid fan here in philippines for a long long time,Ive been watching AGT online.. but sometimes I can't see your show because of the enternet connection problem...I wanna say thank you so much,,,May God bless you every single moment of the day,and GOD continue shower his blessing to you..stay safe,stay healthy.stay humble..TO GOD BE THE GLORY😀🙏🙏🙏

Evelyn Samuel

7/16/2020

Good luck my sweetheart. Well you have the Midas Touch and I am sure that everything you touch will turn into Gold my darling because you have a wonderful, kind heart. So all the best. Its time I gave you a big tight hug and kiss so here is one special one for you
Lots of love ❤️❤️❤️❤️🥰

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