Simco Ltd (known as SyCo), is a London based entertainment company established in 2002 by A&R; executive, television producer and talent show judge Simon Cowell. Syco is devided into three sections: Syco Music, Syco TV and Syco Film.
Cowell claims Syco accounted for 40% of all Sony Music UK profit in 2006 despite only employing 14 people. By 2008, it was reported that Syco accounted for 70% of profit at Sony Music UK.
In June 2009, it was reveale...
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Simco Ltd (known as SyCo), is a London based entertainment company established in 2002 by A&R; executive, television producer and talent show judge Simon Cowell. Syco is devided into three sections: Syco Music, Syco TV and Syco Film.
Cowell claims Syco accounted for 40% of all Sony Music UK profit in 2006 despite only employing 14 people. By 2008, it was reported that Syco accounted for 70% of profit at Sony Music UK.
In June 2009, it was revealed that Cowell plans to go into business with retail billionaire and long time friend, Sir Philip Green. Syco will be merged into what will be called Greenwell Entertainment. However, the exact details have yet to be confirmed. Green recently stated that he expects the company to be up and running by the end of 2009 .
Syco Music operates under the Sony Music banner, continuing Simon Cowell’s near 20 year association with BMG (later, Sony BMG, now Sony). The company doesn’t scout for new artists, as they are usually developed through the TV...
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