One Direction have signed a mega deal with Simon Cowell and his record label Syco records which will see them continue until at least 2016.
The contract states that the boys will release three more albums, the first of which will be Midnight Memories which is scheduled for November. It has been reported that the boys; Niall, Harry, Zayn, Louis and Liam, will each receive $10 million for agreeing to the deal.
It is said that the band will also embark on more world tours, much to the delight of their international fan base.
The Best Song Ever singers have enjoyed great success since shooting to fame on X Factor 2010. In addition to both of their albums going platinum, the boys have had two sell out tours and have recently released a 3D concert movie, which followed them whilst they traveled the globe with their Take Me Home tour.