Simon Cowell promises US X Factor winner $5m contract

Music mogul to award largest guaranteed prize in television history to winner of show's first seasonWhen Simon Cowell launches the American version of The X Factor on 27 March, he will bring with him the largest guaranteed prize in television history. The winner of the first season will receive an unprecedented $5m (£3m) record deal with Sony Music."I believe that America has the best talent in the world," Cowell said on The X Factor website. "I believe that with all my heart." While Britain â€...

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