Lily Allen's label ITNO folds - report
Lily Allen's record label ITNO has folded following its inability to sign enough talent to stay in business, according to reports.
ITNO, an acronym for In The Name Of, was set up in partnership with Sony in 2011.
Sony allegedly invested a substantial sum in Allen’s label, with her annual salary reportedly being recorded as £100,000.
The Sun newspaper quotes a source as saying: "She hoped by now to have an array of top talent on her roster but it's ...
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