Simon Cowell 'Deal Paves Way For X Factor Return'
Reality TV mogul reported to have signed massive new deal with ITV...
Simon Cowellis reported to have signed a new deal with ITV which could see him returning as a judge on the UK version of The Sun reports that the reality TV mogul has signed a deal worth an enormous £150m to keep The X Factor and Britain's Got Talent on ITV until the end of 2016.
There has been speculation that Cowell will return to the judging panel on the UK version of X Factor, with the US show's ratings collapse making it look like a candidate for the chop.
The Sun reports: "After months of negotiations, Simon's firm Syco and producer FremantleMedia have agreed terms on a three-year production deal with ITV that kicks off in the new year.
"Simon has also negotiated a separate 'performer' deal that guarantees he will appear on at least one of the two shows for three more years, with a clause allowing him to increase that to both shows."
It was recently reported that SiCo hopes to reunite the "classic" X Factor panel of himself, Cheryl Cole, Dannii Minogue and Louis Walsh next year.
A source told The Sun: "Everyone wants to keep making The X Factor and BGT so it was just a case of ironing out the terms. Simon will do one show a year at least."