Britney Spears stands close to Simon Cowell at the 2012 Fox Upfront presentation held at Central Park’s Wollman Rink on Monday (May 14) in New York City.
The 30-year-old pop star was joined by Demi Lovato, who wrapped her arm around L.A. Reid.Fox gave no details of their contracts but Spears has been widely reported to be getting $15 million a year for "X Factor" gig, which would make her one of the highest-paid TV reality show judges.
Mariah Carey, Janet Jackson, Miley Cyrus and Avril Lavigne were among other names rumored to have been approached or in talks with Cowell about taking part in "X Factor".
Cowell launched the U.S. version of "X Factor" last September with great fanfare and boasts that it would topple ageing "American Idol" as America's most-watched TV show.
But the show mustered only about 13 million viewers - about half the audience for "American Idol" - and many critics disliked its brash, noisy production and felt it added little new to the crowded TV singing contest field.
Fox and Cowell are still yet to announce a new host after firing little-known Briton Steve Jones in January.
"The X Factor" faces further challenges in its second season following news on Sunday that NBC will be airing its hit contest "The Voice" in the fall of 2012, as well as the spring.
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