Simon Cowell 'lands £90 million payday' after securing new franchise deal
04.10.2022 - 14:13
/ dailyrecord.co.uk
Simon Cowell has reportedly bagged another £90million since securing his latest television deal.
Now the media mogul's net worth has risen to £390 million as he continues his lavish lifestyle on both sides of the Atlantic. The famously harsh X Factor judge has secured the future of the hugely successful Got Talent series, which is shown across the globe, according to The Sun.
So far, the Got Talent franchise airs in 69 countries and its popularity is said to have meant an investment bank is prepared to give him the cash figure up front. This deal comes after the 62-year-old let go of almost his entire Syco payroll earlier this year in a bid to spend more time with his family.
An insider told the publication: "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.
"This deal means he will continue to make a fortune from the other versions of Got Talent in countries around the globe."
As well as the franchise, Simon is said to be working on a a top-secret music project pals have called “game changing.” Speaking to The Mirror, Simon himself would only say: "I am getting back in the music business with something I’m going to announce soon."
He is also said to be working on a new show stateside called 50 States of Stardom. The project is described as a “mix of music competition and documentary to discover America’s next greatest talent".
His busy work schedule comes as he prepares to tie the knot with fiancee Lauren Silverman. The pair, who share son Eric, 8, announced their engagement in January having been