MOL London - As if their chart-topping success isn’t enough to put a smile on their faces, they now have much more to sing and dance about. Over the past year, One Direction have taken home a whopping £1 million a week - or £136,000 per day - in earnings as their popularity grows and their pay increases three-fold. The eye-popping figures, filed by their company 1D Media, see Harry Styles, Zayn Malik, Louis Tomlinson, Liam Payne and Niall Horan sit comfortably as Britain’s top-earning act.
The group earned their cash through concerts, merchandise, sponsorships, record sales and royalties, as well as their 3D film, social media interaction and their third studio album. Much of their £49,093,233 fortune was earned close to home in the UK, while £3.58 million came from the US and £548,820 from the rest of the world.
The total is up from £18.1 million in 2012, according to the paperwork filed with Companies House. The documents also show that as the company’s five directors, each of the band members picked up more than £5.6 million. But the company only paid £1 million in corporation tax, the official document shows. After administrative costs, the company was left with £3.75 million profit, up from £840,000 the previous year. The accounts cover 2013, when One Direction: This Is Us, a 3D documentary was released, topping UK and US box office charts and became the fourth highest-ever grossing concert film. The singers also toured Europe, North America, Asia and Australia, performing more than 100 shows, including six sell-out gigs at London’s O2 Arena. News of their earnings comes a day after it was revealed that the boy band topped Heat magazine’s annual under 30 rich list for the second year in a row, with Daniel Radcliffe in second place.