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# X Factor is Syco records,
Rage is Epic records,

They may both be owned by Sony, but the record labels themselves are completely independent of eachother, neither of them will see profits from the other label. Sony will, but not a whole lot, I wouldn't think.
(, Fri 18 Dec 2009, 9:56, archived)
# they will both see higher profits
as each is being bought by one camp or the other to outdo their rival
(, Fri 18 Dec 2009, 10:09, archived)
# But Cowell is on the board of Sony as well
I'm pleased because it means there might be a karaoke version of it
(, Fri 18 Dec 2009, 10:19, archived)
# But the profits will feed back to the parent company (sony)
Consolidated profit and loss accounts m'boy, it's all part of "Financial Reporting Standard 2 - Accounting for subsidiary undertakings"
(, Fri 18 Dec 2009, 10:23, archived)