They've already had an impressive year so far, and top it off, mega-successful British boyband One Direction just signed a huge deal with Simon Cowell's Syco record label and Sony, ContactMusic reports.
The new business deal with their labels means that the band will stay on until 2016, go on several more world tours including next year's "Where We Are" tour, and release three more studio albums, including a greatest hits collection. One Direction's upcoming album, "Midnight Memories," will hit stores this November, a follow-up to their debut "Up All Night" and sophomore record "Take Me Home."
"Simon Cowell and One Direction are delighted to confirm they have agreed to continue their hugely successful relationship with a new long-term agreement with Syco. Simon and the band look forward to many years of continued success together," a Syco spokesperson told ContactMusic.
"Best Song Ever" singers Niall Horan, Zayn Malik, Liam Payne, Harry Styles and Louis Tomlinson will earn £10 million pounds from their latest deal, and clearly industry experts expect the money to keep on rolling in for the next several years.
"This is a big deal for Simon and the lads," a source told The Sun. "It shows confidence that they have a long-term future and that a split or members going solo is highly unlikely. It will easily keep them busy until the end of 2015 and probably 2016 too. It's worth a lot of cash too. They'll get a big upfront payment worth millions then much more from record sales, tours, brand tie-ins and merchandise.''
The boys of One Direction are currently wrapping up their latest tour, the "Take Me Home Tour," which they began back in February and will end on Oct. 30. In July, Pollstar's annual "Top 100 Mid Year Worldwide Tours" ranked them No. 12, as the band earned a whopping 49.6 million from 68 shows, the current total 127 as of Sept. 27.
The band also released their second feature film this summer, "This Is Us!," featuring footage from their life on the road as well as personal scenes at home with their friends and family. The 3-D concert film, directed by Morgan Spurlock ("Supersize Me"), opened its first night with $2.7 million earnings.
