SIMON Cowell is set to sign a multi-million pound deal to keep The X Factor and Britain’s Got Talent on ITV for another three years.
The 59-year-old TV mogul is said to be close to securing the reality competitions’ fate until the end of 2022 at least.
According to reports, the contract is “similar” to his previous deal with the broadcaster – which he signed in 2016 and earned him around £25million.
It has also been said that the two shows’ high-end production budgets will stay the same.
An insider explained: “There have been meetings recently between Simon’s producers and ITV executives to thrash out some of the details, but Simon is already planning how to build on the shows’ successes on ITV. Everyone is looking forward to the future.”
They added to The Mirror: “Whilst there may be some details in the paperwork still to be ironed out, from a fans’ point of view it is a three-year deal which means these much loved shows will remain on ITV for a long time to come.”
The X Factor first hit our screens in 2004, with Britain’s Got Talent joining Simon’s roster in 2007.
In an attempt to spice up the aged formats, the star is currently in the process of orchestrating an all-stars series for both of the shows.
Celebrity X Factor is currently filming and said to see the return to some of the most notable names viewers had been introduced to over the course of 15 years.
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Louis Walsh previously revealed that former winners Leona Lewis, Shayne Ward, and Alexandra Burke are all getting involved and the series is set to hit our screens later this year.
Meanwhile, Britain’s Got Talent: The Champions starts filming next week, with all-star acts from previous years going head-to-head to be crowned the ultimate winner.
Susan Boyle and Stavros Flatley are two of the BGT stars to currently be linked to the show.
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