The Daily FAIL :rolleyes: :rolleyes: :rolleyes: :rolleyes:

 

From £32m to £269,000: Was huge fall in Robbie Williams’s income the real reason he rejoined Take That?

By ANDREW BUCKWELL

Last updated at 1:10 AM on 26th December 2010

The Daily Mail

 

He is one of pop’s most successful solo stars and is worth an estimated £80  million.

 

But Robbie Williams may have had more than musical motives when he rejoined Take That in July.

 

New figures suggest that his earnings from recording and touring dipped significantly in 2009, even though he released a solo album, Reality Killed The Video Star, at the end of that year.

 

Income from his business, The In Good Company Co, which was set up in 2002 to handle his recording and tour revenues, fell from a high of £32 million in 2006 to just £269,566 in 2009.

 

The company’s cash reserves dropped from £1.6 million in 2008 to £800,000 and profits from £708,000 to £555,000.

 

Williams’ music publishing business, Farrell Music, recorded losses of £536,000, while another of his companies, Little Youth, posted a loss of £65,000. Only the firm Robbiewilliams.com recorded a healthy profit of £400,000.

 

But while the star may not be as popular as in his heyday, he is far from impoverished. Industry sources point out that the new figures do not include his earnings from other sources, including the sale of merchandise, and said the figures reflected the ups and downs of a pop star’s income between albums.

 

One said that the £80 million deal he signed with EMI Records in 2002, the biggest in British record history, was now at an end, so the accounts no longer included advances from the record company.

 

The source added that Mr Williams, 36, was now being pursued by ‘every major record company’ but has yet to sign a new deal.

 

Moreover, his reunion with Take That is expected to net him £15 million from the release of the band’s new album, Progress, and next summer’s tour, the first to feature all five band members for 16 years.

 

In its first year, the In Good Company Co reported sales worth £34.9 million in what was a highly successful period for Williams.

 

The singer, whose solo hits include Angels, Let Me Entertain You and Rock DJ, enjoyed peaks in his earnings in 2004 and 2006 as he released and toured with his Greatest Hits and Rudebox albums.

 

When he signed his deal with EMI Mr Williams declared: ‘I’m rich beyond my wildest dreams.’

 

But the singer, who married American Ayda Field, 31, in August, later said: ‘Money is nothing to do with happiness. Sometimes I feel like cashing everything in and giving it all away.’

 

LOW POINT: Robbie Williams saw a significant drop in his earnings in 2009

 

source: dailymail.co.uk

 

 

 

 

 

Just when I thought the British tabloids could not get anymore factually incorrect when it comes to Rob we get this beauty. They really are the kings of twisting facts and writing an article in such a way that totally brainwashes their ill-informed readers into believing it's true. :rolleyes:

 

I could go into great detail about why this entire article is the usual braindead British tabloid nonsense but the main point I want to make is this. This 'story' is exactly ONE YEAR OLD - it was widely reported in December of 2009 - why? Because these figures - the £269K - is based on profits from March 08 - March 09 - therefor not including any profits since he started working again. The article claims RKTVS profits are included - but they are not. The profits are what he decided to pay himself during that period of him doing no work whatsoever. And then for them to go on to mis-lead people into thinking it includes his album sales for RKTVS and a non-existent tour? And furthermore to compare profits of when he just sat on his sofa doing no work at all to 2006 when profits from both the 7/8M selling IC and the massive tour where he played to 3.7M people is classic tabloid nonsense.

 

It's not worth getting annoyed about but it is just another example of how desperate the media still are in the UK to keep up the myth they have created that Robbie needs TT because his solo career has flopped. They will even distort facts and twist them at whatever lengths in order to suit their bias view and get the general public into believing it too. And sadly on a whole it has worked - and due to this article which most people who will read it will completely believe every word. It's now being reported in the Mirror and Star too - despite both papers reporting this EXACT story a full year ago. I have just heard it on Irish radio - with the presenters all having a good laugh about it and saying how desperate Robbie is. It's not the general public I am annoyed with as they would have no reason to believe the article wasn't truthful (certainly not the types who buy the DM) - it's the journalists who have clearly gone out of their way to write this article and twist things to yet again brainwash more people into believing their myth.

 

For acts like Rob - they make roughly £2 per copy of the album sold by the record company to retailers. So RKTVS has sold roughly 3M WW - at least 2.5M of which were sold by the end of 2009 alone according to EMI - so that is £5-6M fo that alone - then when everything else in considered - all of those endless small gigs for sponsors across Europe and in Australia - he would have made a lot of money. Far far more than he will make from 'Progress' - where he will split profits five ways. Anyone with half a braincell would know that. And this £15M each for the tour is further nonsense. The tour is set to gross £75M - a huge amount of which will go towards the huge production and everything that goes with it and renting the venues - the five lads will be lucky to be left with half of that. Rob's 06 tour grossed £170M and he got paid around £30M if I recall - so yet more utter nonsense from the media. At least they are finishing off the year with a bang as far as bull$h!t goes. :rolleyes:

Even if it was true Scotty! I wouldn't mind being as poor as they make Robbie Williams out to be. I'm still not a great fan of his voice or this charisma that people say he has ... but to deny that the bloke is significantly less rich than he is is just preposterous!

 

It is the Daily Heil though!

 

Kath

Oh I had a read at that article in Tesco. Decided it was a load of abject twaddle by paragraph 2 and gave up.

 

Yip, I'm sure poor Bob must be in desperate straits financially. Maybe we should start a wee collection? :unsure:

Ah yes what smart reporters they are.

 

I'm sure they randomly picked 2006 when he toured all year long breaking records and selling out venues across the globe and put it up against 2010 where he did pretty much nothing in comparison.

 

:rolleyes:

I'd love to earn £269,000 for doing hee-haw except camping out looking for UFOs and growing a beard :rolleyes:

 

 

In fact, I'd be happy top grow a beard for a lot less.

 

:unsure:

 

 

Recently I've found the odd wiry hair on my chin. Wonder if I should be concerned? :huh: