Panayiotou v Sony Music Entertainment (UK) Ltd the copyright to Sony for many years, leaving him no control over how the music would be marketed nor placing a reciprocal requirement that the label invest in promotion. Had the case succeeded, it might have curtailed the practice of signing artists to multi-album contracts. The court wholly rejected the claims. Georgios Panayiotou, known professionally as George Michael, signed with Innervision Records in 1982 at the age of eighteen as part of the then relatively unknown pop duo Wham!. Innervision were distributed by CBS Records. In 1984 this contract was nullified as part of a legal compromise wherein Wham! were
Andreas Panayiotou (businessman) residential is hotels. Looking at hotels you can add more value, as against residential where, once it's built and let, you're relying on indexation on rents – with hotels you can improve facilities – build a gym, conference facilities. His company, Ability Group, had seven hotels in 2011. As of June 2011, he has a £400 million net worth. He and his second wife Susan live on a 20-acre estate in Epping Forest, and have three daughters. He has two sons from his first marriage. In May 2014, his sons, George and Costas Panayiotou, were jailed for six months (suspended