Thursday, August 13, 2009

Simon Cowell Signs 3-Year American Idol


American Idol's acerbic Simon Cowell has signed a three-year deal with Fox Broadcasting Company to remain on the talent competition show as well as develop new projects for the network.

Under the pact, Cowell will return as a judge on the next three installments of "Idol." He is said to pocket about $150,000 per episode -- a significant bump from his salary for the second installment of "Idol" -- for the upcoming third edition of "Idol," which will bow in January.

As part of the first-look deal with Cowell's new production banner, Simcow Ltd., the network has given him a blind series commitment. No concept has been determined for the project, but Cowell said he will probably focus initially on unscripted projects.


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