The deal has been sealed. After months of negotiating Britney Spears has finally agreed to a $15 million one-year contract with The X Factor.
Spears will be joining Simon Cowell and L.A. Reid in judges row. She’ll fill one of the seats warmed last season by Paula Abdul and Nicole Scherzinger.
The deal was inked last week and a source close to the pop singer said, “There’s been a lot of back and forth over the past few weeks as they negotiated the small details, but she’s on. It’s all completed and Britney is beyond excited.”
This will be Brit’s first network TV deal since her short-lived reality show Britney & Kevin: Chaotic. That 2005 disaster was pulled after one month.
On the short list to become the fourth judge: Miley Cyrus and Demi Lovato. Fox Network will make an official announcement on Monday, May 14.
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