Amy Winehouse's musical legacy is raking in over a million pounds a year for her family ten years after her tragic death

AMY Winehouse's musical legacy is still making over a £1million a year for her family.

The singer soared to superstardom from the jazz bars of London’s Soho and Camden to bagging six Grammy Awards.


But she famously battled drink and drug demons before her early death, aged 27, on July 23, 2011.

Now, a decade after her death, Amy's music is still making so much in royalties that her parents Mitch and Janis Winehouse have three companies that handle income from her recording career and various spin-off projects.

The first called Openville Ltd  which deals in ‘artistic creation’ shows it has nearly one million in the bank.

In the latest accounts posted on March 26 for the business year ending 31 March 2020 the company which was formed in March 2017 had cash in the bank and in hand totalling £969,598.

Even after costs were stripped out it still had equity of £874,451 up £289,199 on the previous year.

AMY'S MUSIC IS STILL IN DEMAND

Cherry Westfield Ltd set up to handle the Rehab singers’s earnings  was dissolved in July 2019, along with Villeston Ltd.

A second company called MW Records Ltd of which Mitch is the sole director set up in September 2012 to handle ‘support activities to performing arts’ also has close to half a million in equity – £460,362 so clearly there is still a strong income stream from Amy’s name.

A third company Portcrown Ltd has another £10,000 in equity in latest accounts filed in March for  ‘artistic creation’.

Janis and Mitch are sole directors of the company formed in March 2017

In total the three companies have impressive assets/equity for the last year of £1,344,813 which shows there is still a strong demand for Amy’s music.

Meanwhile, a charity in Amy's name has educated school-children about the dangers of substance abuse and set up a refuge for up to 16 women at a time to escape to from cycles of addiction and domestic abuse.

Mitch, who helps run the foundation, remains enormously proud of Amy’s legacy.

He told The Sun last week: “We get a final say on every song and commercial deal — the last thing we want is Amy’s music becoming the soundtrack to a cigarette advert somewhere.”


    Source: Read Full Article