Home Videos Photos Shop
PerezHilton CocoPerez Khloé Selena G. Meghan Markle T. Swift PerezTV

Is One Direction Raking In The Dough Thanks To 5 Seconds of Summer?!

| Filed under: Business BlitzOne Direction5 Seconds of Summer

one direction gets a cut of 5 seconds of summers profits

Don't let their pretty faces fool you…the guys of One Direction are smarter than they look!

It was recently revealed that One Direction has a stake in 5 Seconds of Summer's profits, which might explain why the guys are so supportive of their fellow boy band.

In the past year, the members of One Direction have all sent out a bunch of tweets in support of their chart rivals:

Just last spring, Louis Tomlinson tweeted:

"Hearing @5SOS on the radio is a great way to start the day. Proud of you lads!! New @5SOS single ‘Don’t Stop’ is out now! Loving the track guys, go check it out."

While the tweet alone may seem like nothing, documents show that Louis and Liam Payne are directors of the company which registered the 5SOS' trademark, which means they own a 50 per cent stake in the profits with a 10 per cent share each in the company.

In simpler terms, the deal means that the more successful 5SOS is, the more buckaroos One Direction earns!

Harry Styles, Zayn Malik and Niall Horan also have a stake in the deal.

Well, even if One Direction's support of 5SOS was just business, it's still nice to see a sense of camaraderie between the two bands!

[Image via WENN.]

Tags: , , , , , , , , , ,

All The TV Shows Canceled In 2018 (So Far)!
HGTV's Most Shocking & Heartbreaking Dramas!
How Much Your Favorite TV Hosts Make!
The Best Black Friday Deals!
Biggest U.S. Box Office Bombs Of 2017!
Celebrity Hot Spots Around The World!

Comments are closed.