Simon Cowell signs three-year ITV deal
Simon Cowell has signed a deal with ITV which will see the X Factor and Britain's Got Talent return for the next three years.
Cowell, who is launching a US version of the X Factor next year, has not yet announced how he will juggle his on-screen appearances in the UK.
An ITV spokesman said that they are "in discussions" over the future role he will take.
In a statement Cowell said he was " thrilled" with the new contract.
"I am committed to making sure both shows get bigger and better every year," Cowell said.
According to reports, Cowell has already said he will be absent from the audition rounds of Britain's Got Talent for the new series which will be broadcast in spring next year.
It is thought the star might decide to fly back and forth between London and Los Angeles to appear on both the UK and US versions of The X Factor in the same week.
ITV's director of television, Peter Fincham, said that both shows have helped "define the last decade of television in the UK".
He added: "They are a national obsession, and I'm delighted that our viewers can continue to enjoy them on ITV over the next three years."
ITV said that this year's X Factor series has been the most popular yet with viewing figures reaching "record levels".
According to unofficial average viewing figures, Saturday's live show attracted 11.5 million viewers and 13.4 million people tuned in on Sunday for the results programme.