Simon Cowell signs £90m deal to keep Got Talent franchises

Simon Cowell has reportedly signed a staggering deal to keep his global Got Talent series running.

The music mogul is heavily involved in the UK and US franchise of the hit show – with over 70 Got Talent varieties across the world is set to further benefit due tothe shiws on-going success.

According to new reports, the big move has been in the works for two years and is believed to be the first of its kind and will be made with Simon’s record company SyCo.

The entertainment label began in 2005, and later produced the Got Talent and X Factor franchises.

The 62-year-old and SyCo launched the careers of stars including Leona Lewis, One Direction, and Susan Boyle.

A source shared: ‘Simon’s decision will give him more time to concentrate on what he enjoys..

‘As well as spending time with his family, he loves BGT and its US counterpart America’s Got Talent and he would like to continue appearing on those, being in front of the camera, for years to come.’

The deal will continue to prosper due the varieties of the hit talent series around the world.

This comes after the news that Simon’s beloved record label Syco is reportedly facing a multi-million-pound lawsuit from multiple firmer contestants wuth regards to exploitation and ignored allegations of sexual assault.

The X Factor aired on ITV between 2004 and 2019 but was put on an indefinite hiatus after the Celebrity X Factor and The Band series were both hit with low ratings.

However, despite speculation Cowell, 62, is looking to bring the once hugely successful show back to screens, a group of former stars are looking to take his company to court.

An unnamed singer who claims to be involved in the planned lawsuit said: ‘Being on the show was a horrific experience.

They went on to add that they aren’t the only ones looking to take action, sharing: ‘Myself and five former acts have agreed to join forces and get the justice we feel we deserve.

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