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One Direction Set To Break The $1B Bracket In Earnings Over Next Year

PopWrapped | PopWrapped Author

PopWrapped

Updated 08/9/2013 12:32am
One Direction Set To Break The $1B Bracket In Earnings Over Next Year

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Ashlye Chaney


Staff Writer

One Direction are predicted to take in $1 billion (£640m) in the next year by way of album and tour sales, merchandise and their upcoming movie This Is Us.

Where We Are’, their stadium tour, is slated to gross over $270 million (£175m) in 2014 alone.

"According to their record label, One Direction has sold 30 million records to date. At an average price of $9.99, that equates to just under $300,000,000 in gross sales," a report from Business Insider claims.

The article provided the following estimated breakdown of their forecasted earnings:

·       Concert ticket sales, which contributes to half their gross, is estimated at around £300m.

·       Movie tickets are estimated to gross £100m.

·       Official Merchandise is said to bring in £50m.

·       After selling approximately 30 million records, it is estimated at a £190m intake for the next year in record sales.

·       As for DVD sales (after the first DVD, Up All Night, sold 76 million in its first WEEK), a £190 million intake is predicted.

·       They are also expected to make close to $150 million when This Is Us hits the theater August 30.

Greg Horan, brother of band member, Niall Horan, says that money will not change his brother. “I think he will cope well whatever happens. Niall doesn’t spend that much money or talk about money, it’s not a big thing in his life”.

He also told the Irish Sun, “Obviously it’s amazing if the band go on to make a billion in a year and I for one hope they do - but it will not change Niall, I know that much.”

You can watch the trailer for This Is Us here:

[youtube=http://www.youtube.com/watch?v=C0I9ikjQtuI&w=560&h=315]


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