Simon Cowell is a great co business owner and entrepreneur. He has helped create many great production companies; one of his best though is SyCo which he owns fifty-fifty with Sony Music Entertainment and was founded in 2002. SyCo employs a number of great people such as; Global CEO Charles Garland (day-to-day operations), Sir Philip Green (advisor), and Karren Brady (advisor). In 2010, Ellis Watson CEO of SyCo Entertainment, resigned. SyCo’s main productions are Got Talent and The X Factor which generally operates in the U.S. and U.K. America’s Got Talent, since launching in 2006, has been the most watched show of the summer in the U.S. Got Talent has been more successful internationally then The X Factor and individual version air in sixty different countries including China, making Got Talent the most watched and successful television format in the world as of March 2013. SyCo Produces a number of other shows ...view middle of the document...
After working a few meager jobs his father managed to get Cowell a job in the mail room of EMI Music Publishing since his father was a music industry executive. He worked his way up to a music publishing position until early 1980’s when he left to form his own recording label with his former boss Ellis Rich, making the E&S Music label. E&S turned out quite well producing several hit records and attaining five singles in the UK top 40. Cowell spent a few years working on this label then left by mutual agreement to attain other ventures. He found success in the music industry over the next eight years when he worked for Lain Burton at Fanfare records. Cowell helped build Fanfare into a successful pop music label when he became partner. Although with much success, later in 1992 Public Company fell into financial problems whom is Fanfare’s parent company. BMG bought Fanfare’s assets later that year, dragging Simon Cowell into dept. About a year later he became an A%R consultant for BMG records. In 2002 he formed the great SyCo records, in which many contestants from The X Factor and America’s Got Talent are released on. In the upcoming years he signed on to be a judge on a few seasons on many of the shows SyCo produces. On March 16, 2006, Cowell's next reality competition show, American Inventor was on ABC. American Inventor had entrepreneurs from across the U.S. present and compete their best inventions for a marketing prize of more than $1 million dollars. Today, Simon Cowell continues to develop more productions for BMG, Sony, and promoting his own label SyCo, while still producing his historic competition/reality shows. Simon’s 2008 salary was about $50 million, net worth of more than $200 million. Currently he is not married but has a boy on the way in about March 2014, as well as owns a home in the UK and Los Angeles.