One Direction signs a £10 million (over $17 million) with Cowell’s Syco records that includes two studio albums and a greatest hits collection. The contract will commence after the release of the third album in November and end in 2016.
Simon Cowell signs Fifth Harmony to his record label Syco Music. Cowell:
I knew from the girls’ first performance at the judges’ homes that we’d done the right thing. The chemistry between the girls both on stage and off is fantastic, and they are incredibly talented.