According to inside sources, Britney Spears has signed, sealed and delivered a record-breaking contract to join The X-Factor. Details follow.
As we've been reporting for months, The X-Factor has been looking to install its own contemporary pop star (sorry, Paula) on its judging panel to compete with American Idol's J-Lo and The Voice's XXL-Tina. With months of speculation behind us, a new report from E! News and a mysterious message appearing on Britney's iPhone app has practically confirmed news of a finalized deal.
Reports E! Online:
After weeks of heavy negotiating, Britney's team has finally agreed to a $15 million fee for the role. "Both camps were back and forth on the money but now they have finally come to agreement on the fee," says one insider with intimate knowledge of the pending deal. "That was the big sticking point and now, thankfully, it's been sorted. All they need to do now is work out the smaller points. The fact the money is now set, means that there is nothing stopping this from becoming a reality."
The deal will make Spears the highest paid judge on reality television, eclipsing Jennifer Lopez's $12 million deal for American Idol. Barring any last-minute snafus, Spears will fill one of two X Factor judging vacancies after Cowell fired Paula Abdul and Nicole Scherzinger at the close of the show's first season.
Though Britney has still not confirmed the mostly official news, on Tuesday she did tease "exciting news" that she would reveal sometime today. Stay tuned to Instinct for more as the story develops!
(Source and image: E! Online)