The former Take That star invested in LMA after being wowed by the academy's choir during The X Factor.Read more
In an exclusive interview with The Sun, he has revealed there will be not one, but two series of The X Factor this year - one featuring celebs and another "all-star" line up of ex-contestants.
“I would never want to sit and watch a show like The X Factor slowly fade away and fail but there is only one risk and that’s doing nothing. That is what I call a risk,” he said.
The time feels right, and it will be a huge change. We haven’t exactly confirmed the dates or the order of the shows, but essentially there are going to be two versions of X Factor running this year. I think it’s going to be huge, it’s the best I’ve felt about this show in years.
There's also going to be a second annual series of BGT.
After the success of America's Got Talent: The Champions (which saw the return of Susan Boyle), he's launching Britain's Got Talent: The Champions, which will run in addition to the normal show.
“So we’ve now got AGT and we’ve got AGT Champions. That was a very good change so there will be a BGT Champions. We are 100 per cent not resting on our laurels."
The announcement comes after The X Factor has plummeted in the ratings in latest series.