The X Factor is no longer offering a £1m record contract as its prize – but even when it did, that money was unlikely to end up in the winner's pocketLast week, the news leaked that The X Factor has dropped the "£1m recording contract" top prize. Apparently this happened in 2009, but contestants were sworn to secrecy, so the change has only now come to light. The contracts this year's finalists have been asked to sign give them an advance of "just" £150,000 for their first album, according ...
Guardian Music — The X Factor is no longer offering a £1m record contract as its prize – but even when it did, that money was unlikely to end up in the winner's pocketLast week, the ne... more info