One Direction (commonly initialised as 1D)are an
English-Irish pop boy band based
in London, consisting of Niall Horan, Zayn Malik, Liam Payne,Harry Styles and Louis
Tomlinson. They signed with Simon Cowell's
record label Syco Recordsafter being formed and finishing
third in theseventh series of the British
televised singing competition The X Factor in
2010. Propelled to international success by the power of social media,
One Direction's three albums, Up All Night,Take Me Home and Midnight
Memories, (released in 2011, 2012 and 2013 respectively), broke
several records, topped the charts of most major markets, and generated hit
singles, which include "What Makes You Beautiful", "Live While We're Young" and "Story of My Life".Their
achievements include four Brit Awards and
four MTV Video Music Awards among many
others. According to Nick Gatfield, the chairman and chief executive of Sony Music Entertainment UK, One Direction
represented a $50 million business empire by June 2012. They were proclaimed
2012's "Top New Artist" by Billboard.According to the Sunday Times Rich List, by April 2013
they had an estimated personal combined wealth of £25 million ($41.2m)
making them the second wealthiest musicians in the UK under 30 years of
age.After the release of Midnight Memories, One Direction became
the first band in US Billboard 200 history to
have their first three albums debut at number one.Additionally, the album was a
global success, debuting at number one on the UK Albums
Chart and becoming the fastest and biggest selling album of
2013 in the UK.
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