On October 16, 2024, singer Liam Payne tragically passed away, reportedly on the verge of concluding his solo music career. Documents sourced from Companies House indicate that the 31-year-old artist filed for resignation from the director positions of four companies on the very day he died.
As detailed by Times Now, these companies were instrumental for Payne in managing his income from various live performances and music recordings. Among them was Hampton Music Ltd, which had a value of £17,300 as of 2023. Another company, Hampton Records Ltd, had been valued at £300,000 in 2022 but subsequently dropped to less than £75,000.
Furthermore, Long Play Touring LLP saw its value decrease sharply from £135,000 to £17,000 in 2023. The fourth entity, Hampton Publishing Ltd, recorded an alarming drop, valued at only £729. Reports from Belfast Live indicated that Payne opted to resign as director of these businesses after observing their decline in market value.
A preliminary autopsy report acquired by ABC News revealed the presence of several substances in Payne’s system at the time of his death, including “pink cocaine.”This particular drug is typically a blend of various narcotics such as methamphetamine, ketamine, MDMA, and cocaine.
Reports suggest Universal Music terminated its contract with Payne shortly before his passing
According to Daily Mail, the record label Universal Music had purportedly ended its contract with Liam Payne just days prior to his death. The former One Direction star had initially signed a contract with Capitol Records, a subsidiary of Universal Music, in 2016. A source told Daily Mail that despite a significant advance from Capitol Records, Payne struggled to recoup the investment.
An insider allegedly told Daily Mail:
“Liam’s advance was substantial but he failed to recover it. Among the One Direction members—Harry Styles, Zayn Malik, Louis Tomlinson, and Niall Horan—Liam seemed to be on the most challenging musical journey.”
Additionally, it’s reported that Payne’s public relations representative resigned in October, leaving him without professional representation. This resignation followed legal steps initiated by his former fiancée, Maya Henry, who claimed he had been persistently contacting her. An insider conveyed to The Mail:
“It felt like years of Liam’s solo music career were collapsing around him, leaving behind very little to hold onto. This must have been immensely heartbreaking for him.”
In the wake of Payne’s untimely demise, both Universal Music and Capitol Records expressed their condolences. Universal Music’s tribute stated:
“We are heartbroken by the devastating loss of Liam Payne. His musical legacy will endure through the countless fans he touched and who cherished him. Our heartfelt sympathies go out to Liam’s family and those close to him.”
It has been reported that staff at a hotel in Buenos Aires observed Payne acting unusually before he tragically fell from his third-floor balcony. His unexpected passing sent shockwaves through the music industry and his fan base alike.
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