Staff, Brand Republic, 24 June 2009, 08:40am

Simon Cowell and Sir Philip Green to form global entertainment company

LONDON - Simon Cowell is to set up a joint venture with billionaire retailing magnate Sir Philip Green to create an international entertainment company.

The Daily Telegraph reports that the pair, who are said to be close friends, will form a new company involved in television production, talent management and merchandising.

It will be based in London and Los Angeles, with Cowell focused on the presenting and production side and Green overseeing finances and merchandising.

It is thought the new venture will work closely with Cowell's existing production company Syco, which is behind the hits 'Britain's Got Talent' and 'X Factor' as well as being the record label to which contestants such as Susan Boyle and Escala are signed.

The new company has not yet been formally set up or named, but the Telegraph reports a source close to the deal saying "Simon is 100% committed to this".

Sir Philip Green is the owner of the Arcadia Group, home of leading retail brands such as Topshop, Burton, Dorothy Perkins and Miss Selfridge.

Lately he has been frequently photographed with model Kate Moss, who is behind a successful line of clothes at Top Shop.

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All Comments

Tina - 24 June 2009

Regarding this fragment: 'record label to which winning 'X Factor' contestants such as Susan Boyle and Escala are signed' – not to be pedantic, but Susan Boyle was never in the X Factor, she was in the other show, Britain's Got Talent. And as far as I know, she didn't win. This is a highly regarded website amongst industry professionals and we would like to see factually correct info on here, however trivial the facts.

Alex Burford - 24 June 2009

You are not very good at interpreting English. The article doesn't suggest that Susan Boyle emerged from the 'X Factor' or that she won, it merely says that she is signed to Simon Cowell's label 'Syco'.

Kristina Eriksson - 25 June 2009

FT's scoop \(Matthew Garrahan), not the Telegraph

Laura Noble - 25 June 2009

@Tina - why would you make such a comment when you clearly haven't even read what you're complaining about! BR are factually correct here - you are not!

Tina - 07 July 2009

Actually the article has been altered and when I posted that comment, it had the words which I quoted. I notice it has been corrected, so that's excellent on the part of BR.

Tina - 07 July 2009

Oh and by the way, Alex and Laura, this is not a space for personal attacks, and over such trivial issues as well! We're all professionals here. I spotted a mistake, they corrected it, they didn't credit it, so now it looks like I was referring to smth that doesn't exist... It happens. I don't have the original page to back up what I'm saying, that's unfortunate, but your comments were really not necessary or helpful. Chill out.