'The X Factor' Winner To Get $5 Million Contract

NEW YORK (AP) - The winner of Simon Cowell's upcoming game show on Fox will get a $5 million record deal. Fox says it believes that's the biggest guaranteed prize in television history.

"The X Factor" is due to premiere on Fox next fall. Cowell left "American Idol" in part to concentrate on the new show, which has been a successful format in several countries since its debut in Britain in 2004.

The winner of the inaugural American edition gets a recording contract with Syco, a joint venture between Cowell and Sony Music.

Cowell will be an on-air participant in "The X Factor," which Fox advertised on Sunday's Super Bowl. Other judges have not been announced.

Fox said Monday that auditions for contestants begin March 27 in Los Angeles, with other sessions following in the Chicago, Dallas, Miami, Seattle and New York areas.

Fox is a unit of News Corp.

Comments

Watch CBSN Live

Watch CBS News anytime, anywhere with the new 24/7 digital news network. Stream CBSN live or on demand for FREE on your TV, computer, tablet, or smartphone.

Watch Now

New Android App

For your Android phone and tablet, download the FREE redesigned app, featuring CBSN, live 24/7 news.

Download
The all new
CBS News App for Android® for iPad® for iPhone®
Fully redesigned. Featuring CBSN, 24/7 live news. Get the App