Russell Brand’s business empire is thrown into turmoil when the presenter plans to close the company and is abandoned by his partners
RUSSELL Brand’s business empire is in tatters as he rushed to close one company and was left in the lurch by his business partners at two other companies, The Sun can reveal.
The under-fire comedian first made a last-ditch move to shut down one of his businesses last week, just days before he was accused of rape and sexual assault by five women.
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He and his wife Laura rushed to wind up their joint company, Brand New Collective Ltd, on September 12, days before the abuse allegations became public, Companies House records show.
It states that the business activities are “licensed restaurants, take-out meals, buying and selling of real estate, artistic creation.”
Brand, who denies the allegations, has also closed his pub The Crown Inn in Pishill, Oxfordshire, which he co-owns with Laura, installing a fence and installing security guards, locals claimed on Monday morning.
Today The Sun can reveal that he has stood down as a director of film company Mayfair Film Partnership Limited (worth £61,031) and has resigned as a director of One Arm Bandit Limited (worth £729,700), which operates as a provider of “support activities for performing arts”.
This is because YouTube has blocked advertising on Brand’s channel following allegations of “violating our Creator Responsibility Policy”, potentially causing him to lose out on £1 million a year in revenue.
Brand directed Mayfair Film Partnership and One Arm Bandit alongside his former managers John and Nik Linnen of John Noel Management.
Nik Linnen was even best man at his wedding to Katy Perry – but it seems the couple have now distanced themselves from the comedian and are no longer doing business with him.
John Linnen said he could not comment for “legal reasons” when contacted by The Sun.
Brand’s publicly available records also show that one of his other companies, Pablo Diablo’s Legitimate Business Firm Ltd – a television production company – took out bank loans totaling £708,446 in connection with his pub in Oxfordshire.
He also personally owes the company £502,217, despite the company being worth a staggering £4,070,420.
The documents also show that his long-time agent Angharad Wood resigned from his film production company 90 Ninety Films Ltd on September 13, days before the allegations came to light.
A brand new founded in February 2022 called Stay Free Media Ltd has not yet filed any accounts.
Brand’s wife, who is believed to be standing by her husband despite the allegations, is co-owner of three of Brand’s companies – Pablo Diablo’s Legitimate Business Firm Ltd, Stay Free Media Ltd and Brand New Collective Ltd – and the couple also owns one Limited partnership called R&L Brand LLP, which has £211,827 in the pot.
The Met Police announced yesterday that they were investigating Brand after a new woman contacted them on Sunday claiming she had been sexually abused by him in London in 2003.
Five women have already accused Brand of sexual assault between 2006 and 2013.
These claims of sexual abuse were exposed by the Sunday Times and C4’s Dispatches over the weekend.
Yesterday another woman came forward to The Sun claiming Brand had chased her down the street and demanded sex.
The 48-year-old Brand denies all allegations and emphasizes that his sexual relationships were always consensual.
The Sun contacted representatives for Brand.