ITV is expected to pay £20 million less for The X Factor and Britain’s Got Talent in their new deal, according to reports.
It is being reported that ITV will not agree on the £140 million price for The X Factor and Britain’s Got Talent that was set in 2013. It is expected that the broadcaster will be renewing both shows until 2019.
Instead it is speculated that ITV will ask for £20 million less in the new deal, but nothing has been confirmed. Britain’s Got Talent has performed well, but The X Factor has struggled ratings wise.
“The X Factor and Britain’s Got Talent contracts come up for renewal after the latest series air later this year, and we fully intend to continue with both shows into 2017 and beyond,” a spokesperson for ITV said.
Despite nothing being confirmed, a deal is expected to be announced by the end of May.
“Both sides are confident that the agreement will agreed,” a show source told the Daily Mirror newspaper.
For now, The X Factor returns in August and Britain’s Got Talent is expected to be back in April.