Simon Cowell finds his record label, Syco Music, in the dark today. For, according to reports, the music company has closed its doors.
More details below…
The report from Music Week
claims that Syco Music will no longer be a frontline label at Sony Music
after confirmation that the label’s managing director, Tyler Brown, has left Sony.
Furthermore, another senior executive who joined the Syco imprint last November has left the Cowell-founded company.
The label, which has commanded British Pop for just short of two decades, once housed boy-band One Direction, Leona Lewis, and Little Mix before the latter’s drama-drenched move to RCA in 2018. As reported, the group and their management fell-out with Syco and severed ties just before the release of their fifth album.
Currently, Syco houses former Fifth Harmony memebr Camila Cabello, as well as Labrinth and Susan Boyle.
Though Syco was home to a myriad of successful acts, it’s important to note that the past few years has seen the label’s roster dramatically reduced. In addition, it’s now assumed that the company’s sister label, RCA, will handle the label’s catalogue from here on out. Recently, one remaining act of Cowell’s label, Tokio Myers, took to social media to declare he’s now a ‘free agent’ since Syco was ‘no longer in operation’.
While we await word from Cowell, who is currently recovering from back surgery after a bike accident
, it’s thought that his Syco Entertainment company’s sole focus is on rebooting its TV shows with The X Factor on hiatus this year.
Sad news for Syco. With a run just short of twenty years, it saw immense success with its acts throughout the years, notoriously through The X Factor.
We can’t help but wonder what steps Simon Cowell will take next in the music biz.