Holly Willoughby’s firm rakes in over £300k after splitting from her agent
HOLLY Willoughby's firm raked in over £300k after splitting from her agent.
The presenter, 41, had been embroiled in a bitter dispute with her former agents - which could have seen her leave This Morning.
Holly's decision to leave former talent agency YMU in 2020 to go solo appears to have paid off.
She has now filed the first annual accounts for her all-female company Roxy Management.
The accounts for the 12 months leading up to July 2021 also showed creditors of almost £240,000, with the firm's net assets standing at £46,553 after deductions, thewrites.
Holly has raked in a further £4.5million through her media company Roxy Media Ltd in the last three years.
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She runs Roxy Media with her television producer husband Dan Baldwin and figures filed in December showed the firm had a cash pile of £1.6million as of February 2021.
Holly made the shock decision to leave YMU which also represents her co-host Phillip Schofield and Ant and Dec and Davina McCall, after 13 years in 2020 to establish her own company.
She was horrified by the company's claims that they are entitled to a percentage of her future earnings under a "sunset clause".
In a matter of "principle", sources told us at the time that Holly would "rather leave the show than let YMU take such a high percentage of her earnings", with Holly earning around £700,000 a year from This Morning alone.
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However, they appear to have been able to come to an arrangement, and the star's future on the daytime show is "secure".
An insider told : "It seems like everybody wants that gig but Holly is very much secured for the next two years on a rolling contract."
The mum-of-three joined the ITV hit back in 2009, replacing Fern Britton as Phillip Schofield's co-host.