Sunday, February 24, 2019

Production values

The Greatest Dancer has been recommissioned by the BBC. It is produced by Simco, a subsidiary of Mr Cowell's more famous-though-less-sympathetically-named Syco. The ultimate parent company is the Sony Corporation of Japan.

In the last financial year, Simco boasted 37 employees, who shared a remuneration pot of £5.8m. If divided equally, everyone would be on £156k, but one suspects the two directors, Cowell and lawyer Michael Smith are slightly favoured. Simco made an operating profit of £25m in 2017 and £24m in 2018, so had room for a dividend of £35m; there are just 101 shares in Simco.

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