Simon Cowell Success Story
Simon Cowell, British by nationality, is a multi-talented person, an entrepreneur, a known television producer, an artist and repertoire executive of high caliber. Besides, he is the owner of melody publishing and production house named as Syco. His personality is so dynamic and varied that he is listed among the world’s 50 most influential figures in year 2010. His professional career shows a mixed blend of alpine peak and bankruptcy.
While in contrast to his present status, in tender age, he was dropped out of the school and had few futile jobs in his preliminary career. His father, who was already an executive at recording Music Publishing Company, gave him a chance to get a job in the mail room, while later his father again made effort to get him a job as an assistant to an A & R executive. That was the time from where Simon Cowell began to flourish.
While on the same job, he paved his way to be record producer which was not long term as he left the very company to set up is own label named as Fanfare in partnership with Iain Burton. In 1980s, Cowell left EMI in order to form his own music company E & S. The company prospered and enjoyed success, the business went in progress in a brand approach, while in 1989, Fanfare’s mother company collapsed, put company into force towards bankruptcy, resulting Cowell to be in the pitches of debt just in five initial years and as a last resort Cowell was forced to move back to home with his parents.
Risk and return are always parallel to each other in business and luck goes along with it. After bankruptcy, luck came his way again as he was hired as A & R consultant for BMG. It was the start of a long loop of successes that are worth remembering. Signing acts such as Westlife, 5ive, I1 Divo and Curiosity Killed the Cat, Cowell paved his standing as one of the foremost spotters.
Simon Cowell, proved to be a legend throughout the entertainment industry after the immense success of American Idol. He would go on to create other such successful television shows as The X Factor, America’s Got Talent, American Inventor, and Celebrity Duets, while continuing to work as a top executive for Sony/BMG. In his success stories, ‘Pop Idol’ became compulsive viewing, attracting over 11 million viewers. The first ever winner, Will Young, picked up 4.6 million votes in a live final. Despite Simon favouring the runner-up, Gareth Gates, Will Young’s debut release ‘Evergreen’/’Anything Is Possible’, broke the record for the biggest selling debut single ever – reaching 1.8 million sales. Thanks to Simon cropping up in the ‘production’ credits of most of his artists’ records, he has ingeniously managed to secure himself a share of the royalties.
In spite of his successes, Simon has also turned down many bands that went on to find success elsewhere. These bands include ‘The Spice Girls’ and ‘Take That’, simply because he thought Gary Barlow was too fat to be a star. Simon has now become a celebrity in his own right, serving as a judge on both the UK and US version of the ‘Pop Idol’ show. His straight-talking style has earned him various nicknames, including Mr Nasty and Judge Dread.
The year 2006, shows two record breaking deals signed by Cowell. In United States, he agreed to remain the judge on American Idol, earning £20 million per series. He also has a deal with Fox which allows his production company to broadcast Got Talent and American Inventor on other networks. Life appears to very sweet indeed for Simon Cowell. The Sunday Times Rich List estimated that he earned £33.5m in one year alone in 2006, thanks to the global success of the ‘Pop Idol’ brand.
Cowell signed the winner of the third ‘X-Factor’, Leona Lewis, to his music label SyCo and she has since had a host of number one singles and albums across the orb. He has since starred as a judge on the talent show in 2007, 2008, 2009 and 2010.