2oceansvibe News | South African and international news

Sponsored by RSAWeb rss
2ov Radio
  • Home
  • About
    • Terms and Conditions
    • Seth Rotherham
  • Lifestyle & Hospitality
  • Café du Cap
  • Cabine du Cap
  • Media Packs / Advertising
  • Contact
    • Contact
    • Anonymous Tips
    • Twitter
    • Facebook
Seth Rotherham
  • Remember The Boy Band Blue? They’re All Broke Now

    19 May 2015 by Kiernan in Money, Music, United Kingdom, Vibe
    Related Posts
    • Elon Musk's Extremely Meta Techno Track Is For Sale [Video]
    • Meet The SA Musician Making Waves In The UK [Videos]
    • SPL!NG Movie Review: Music
    • Evan Rachel Wood Says Marilyn Manson "Horrifically Abused" Her For Years
    • The Best Songs Of 2020, According To Rolling Stone [Videos]

    The music business is a fickle one and history is littered with examples of former millionaires frittering away their riches.

    Yesterday we told you about Chesney Hawke, singer of the famed ‘The One and Only’, and how he wasn’t very shrewd with his earnings. Then again, when you’re the epitome of a one hit wonder it pays to show some discretion.

    When you have amassed over 15 million record sales and 40 number one singles around the world, however,  you may well think that you can afford to splash the cash. Apparently not, as yesterday saw Lee Ryan become the final Blue member to officially file for bankruptcy. Here’s the Guardian:

    Blue member Duncan James filed for bankruptcy in September 2013, owing to the property crash, before Simon Webbe filed just weeks after James. Antony Costa, meanwhile, struggled financially in the wake of the band’s initial split in 2004, and the band’s company Blueworld Ltd went into administration in May 2013 when it was unable to pay creditors.

    Lee was forced to file bankruptcy by a debt collection company and has had all of his assets frozen.

    Aside from overspending the problem lies with the raw deals that these bands get from the massive labels that profit most off of them.

    According to Webbe, Blue made £82m over the initial three years of the band’s lifetime … “but we hardly saw a penny of it”.

    That’s unfortunate lads, but when you have a champagne taste with lemonade money the well is bound to run dry sooner or later.

    [source:guardian]

    • ← New York Housewives Get Bonuses From Their Husbands If They Lose Baby Fat
    • Who Needs Electricity When You Have These Revolutionary Energy Lamps? →
    • Tweet
    • Tags:
    • bankruptcy
    • blue
    • boy band
    • lee ryan
    • Music
    • music business
    • simon webbe

    Latest News

    • Monday Morning Spice

      Harry 'Back In The UK' Ahead Of Duke Of Edinburgh's Funeral On Saturday - Harry is believ...

    • Prince Philip Has Died

      [imagesource: Samir Hussein / Getty] Prince Philip, the Duke of Edinburgh, has died at ...

    • All Is Not Lost If You Miss Out On Chenin In The Winelands

      [imagesource: Facebook / Chenin Blanc Association] It's less than 24 hours to go until ...

    • The Story Behind Will Ferrell’s Famous ‘More Cowbell’ Sketch [Video]

      [imagesource: NBC / Getty Images] More cowbell! If you know, you know. 21 years a...

    • Five Reasons To Upgrade Your Home Fibre Speed

      [imagesource: Curveball Media] Life's too short to spend time waiting for things to buf...


    • 2oceansvibe Partners

    • CONTACT US
    • GOT A HOT STORY?
    • 2oceansvibe Radio
    • 2oceansvibe Media
    • Media Pack
    • Seth Rotherham
    • Café du Cap
    • Cabine du Cap
    • Cape Town City Accommodation
    • Terms & Conditions
    • Business
    • Media
    • Entertainment
    • Tech/Sci
    • World
    • Travel
    • Lifestyle
    • Sport
    • Politics
  • Follow

    2oceansvibe.com is part of the 2oceansVibe Media Group

    DMMA Logo