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He’s already one of the biggest names in television production and talent development, and now Simon Cowell has signed a whale of a deal with Sony.

According to a report, the “American Idol” mastermind inked a deal worth $500 million this week as he launches Syco TV to produce and sell the formats to “X-Factor” and various “Got Talent” gigs.

Quite pleased with his massive paycheck, Cowell told press, “I have had a fantastic relationship with Sony for many years and I’m delighted we are launching this venture together.”

An insider added, “He is truly in the driving seat. He felt like an employee before, but now he has some real ownership and is thrilled to be side by side with Sony.”

That is too much money for one person

Yeah, he should split it w/ me :p

1700th post! ^

Sony is massive... I mean a major feed to the electronics world and the production world! that company is like a heart that pumps into a massive giant....

wow thats to much money damn he is set for the afterlife

$500 mil? DANG...

thats so much fking money i mean really give some to the middle class people

I heard it was $100 Million? Meh, $100-500 Million. they're all worth a lot to me xD

Dude ANYTHING over $1mill is alot. This guy is a tool and should be gang-raped for every paycheck he receives. Greedy bastard, why doesn't HE bail out wallstreet? Hell he could lower the national debt.

Idk, I would appreciate working for american idol even for $100,000 USD or CAD.