I believe they still work for GW actually, on some projects.
GW still provides the bread and butter for the Perry's. They pick up around 90 grand each per year from GW for bread and butter projects.
They run their own ranges because they love to sculpt, yes, it's as simple as that.
They could whack the prices for their gear through the roof (like GW does
)if they wanted to but they don't because they don't 'need' the money and they 'genuinely' love to sculpt. They are both serious historical buffs and this outlet gives them room to indulge their historical passions.
Yeah they make money out of it but only because their sculpting is that good that people will buy their gear in bulk, and at the prices for their excellent plastics, why wouldn't they?
There is no doubting that Perry Miniatures have picked up a 'LOT' of business from customers who used to be found with little other than 'Foundry' miniatures in their armies or collections.
I know a lot of the LotR range is actually the Perrys.
The bulk of the superb GW LotR models are indeed Perry creations.
They also have an exclusive sculpting contract to Peter Jackson's personal miniature company. The Perry twins are incredibly prolific.
I'll certainly be buying some of their excellent billhook and archers in plastic.