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75%
- The transaction means Sony now owns 75% of Syco, with Cowell and his business associate, retail businessman Philip Green, holding stakes of 20% and 5%, respectively.
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Jul 15, 2020 · Simon Cowell has bought out Sony Music Entertainment from a 15-year partnership, taking control of television shows such as Got Talent and The X Factor that have launched dozens of music...
Jun 4, 2019 · Simon Cowell has sold a stake in his entertainment empire for £86 million. He signed a new deal giving Sony a share in Syco, which owns the rights to the hugely lucrative X Factor and Britain’s Got Talent brands, as well as a number of successful recording artists including Little Mix, Susan Boyle and Fifth Harmony.
Jul 15, 2020 · Cowell today announced he has bought Sony’s 75 per cent stake in Syco Entertainment, which owns TV franchises Got Talent and The X Factor, for an undisclosed price.
In July 2020, Cowell bought Sony Music's stake in Syco Entertainment, with exception for Syco Music. The record label and its artists and back catalogue were retained by Sony Music and subsequently absorbed. TV rights and assets were transferred to the newly created Syco Entertainment Ltd, which is owned 100% by Cowell.
Jul 15, 2020 · The agreement for Cowell to personally acquire Sony Music’s share of the joint venture will transfer ownership of all of the television formats to a privately held company.
Dec 19, 2016 · December 19, 2016. Simon Cowell and Sony Music Entertainment have reached an agreement that will see Cowell buy out the music conglomerate’s stake in Syco, the joint venture talent and...
Jan 11, 2017 · British music producer and TV personality Simon Cowell agreed to sell a 50% stake in Syco Holdings, the investment vehicle for production company Syco Entertainment, to Sony Music UK for about £86.5 million, according to the Daily Mail (U.K.).