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Take That earn £7 million in six months
Take That have reportedly earned more than £7 million in the last six months.
Accounts filed by the ‘Never Forget’ group’s newly formed TT5 company – set up three months after Robbie Williams returned to the boy band in July 2010 – disclose a turnover of £7.6 million, made up of £2.5 million in the band and a further £5.1 million owed.
The group’s recent ‘Progress Live’ tour – their first time on the road as a five-piece since 1995 – was the biggest source of income, selling a record breaking 1.34 million tickets in less than 24 hours.
A source told the Daily Mirror newspaper: “Touring has seen the band’s finances rocket. It was very, very lucrative and it’s little wonder they have so much in the bank between them.”
While the tour grossed a great deal of money, the band may not end up taking home with much of it themselves, as it has previously been reported their spectacular stage production cost up to £15 million to produce.
Take That – which also includes Gary Barlow, Mark Owen, Jason Orange and Howard Donald – beat their previous box office record by doubling the number of tickets sold in one day for their ‘The Circus Live’ tour in 2008.
Adding to their finances, the band’s ‘Progress’ album has also sold more than two million copies since its release last November.