Simon Cowell Raises X Factor Prize Money To 5 Million Dollars
Take that, American Idol! While Idol may promise its winner a million dollars, Simon Cowell is scoffing at them as he is putting some serious money on the line when his new show, X Factor, hits American TVs this fall:
Nothing about the inaugural season of the British import is subtle, from the ominous building-the-beast Super Bowl commercial that had Cowell being assembled from a million little puzzle pieces with the tagline “He’s back,” to the jaw-dropping prize being offered to the [X Factor] winner: $5 million.
It’s the biggest guaranteed prize in TV history, and whoever snags it will also get a recording contract with Cowell’s Syco label, a joint venture with Sony Music.
Whoa! 5 million dollars? For a talent show? Have I mentioned my talent of being able to spend 5 million dollars really fast? Because I’d be incredibly good at that.
Source: MTV News
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