Simon Cowell has been paud a whopping £20 million to stay with ITV for three more series of the X Factor. Add this to the huge fee he must be getting for bringing ‘Britains Got Talent’ to the channel as well and Simon Cowell must be a very happy man this Christmas.

He says, “After two and a half years of The X Factor, I’d pondered whether we were going to carry on. But this series has been fantastic… I think there is even more we can do with The X Factor. I couldn’t be happier.”