The One Direction boys will be together at least another three years!
Look for more 1D albums, videos, tours and merchandise through 2016, with Liam, Niall, Zayn, Louis and Harry making out quite nicely from the deal.
A source tells The Sun, "It's a really clever contract that the boys have signed up to. It means they have a real incentive to tough it out and stick together."
The source adds, "The formal length is for 36 months and an album a year--but the clever part is they get the big pay day after the three years."
The contract reportedly keeps them together as a group, with the source adding, "If one of them walks away before then, then all five miss out on the money. They don't miss out on a few quid either, we are talking millions."
Meanwhile, Directioners are working overtime to get One Direction's "Kiss You" music video some major views--looking to break 11 million views in 24 hours.