Record Pound(S)3m Deal for X Factor's Us Winner

The HeraldFebruary 08, 2011

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Summary


SIMON Cowell has revealed that the winner of his first X Factor series in America will secure the biggest guaranteed prize in television history with a recording deal worth $5m (pound(s)3.1m).

The singer or band voted into the top spot will be signed to Cowell's company Syco in a joint venture with Sony Music and will be paid $1m (pound(s)620,000) each year for five years, not including recording and marketing costs.

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Record Pound(S)3m Deal for X Factor's Us Winner

Cowell, who left American Idol to take...

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