Simon Cowell refused to accept salary after Syco suffered major loss in revenues

az24news

Simon Cowell refused to accept salary; Simon Cowell has not taken a penny from his Sycó entertainment company after recent reports. That they are losing profits.

According to a report published by The Mirror. The music mogul said profits at Syco Holdings Ltd fell to £2.27m in 2021 from £31.88m.

Simon Cowell refused to accept salary; It comes after Cowell sack “virtually all staff”. At his multi-million pound entertainment empire in January 2022. Almost 20 years after it was find, and significantly downsized Syco.

Simon has come to a point in his life where he doesn’t want the stress of running empires. So he’s made the difficult decision to shut down Syco,” a source tell the Daily Mail at the time.

“Everyone who has worked with him is incredibly grateful for those opportunities and experiences and understands the direction he wants to take things.

Peter James

Peter James

Admin Peter James, AZ24News.com | Peter James is the admin of AZ24News, a news website that provides coverage of news and events in World. He has been with the company and has helped to grow the website into a respected source of news for the community. Peter is passionate about providing accurate and unbiased News for Everyone. He is also committed to creating a website that is user-friendly and easy to navigate.
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