Simon Cowell has grabbed full control of hit shows like America’s Got Talent and The X Factor after buying Sony Music Entertainment’s stake in the joint venture.
Cowell and his Syco Entertainment partners will now take on sole ownership of the two companies’ hit talent shows, 15 years after Sony Music Entertainment executives bought Cowell’s share of Syco Music and Syco Television.
The TV and music mogul admits the coronavirus lockdown and the way he has had to navigate shows as a result of new health and safety guidelines has given him a fresh lust for life and a lot of ideas.
“I have had to use my brain more than any other time of my life both on the current shows we own and the new shows we are going to make,” Cowell tells Deadline. “I have had more time than I’ve ever had before so we have, for instance, three new formats which we didn’t have 12 months ago because I’ve had the time to work on them, develop them properly and the last time I did that or had the time to do it, honestly was around 2005, which was about the time I came up with Got Talent. I’m very excited.”
Thanking the Sony Music executives he has worked with, Cowell adds, “It’s been a unique partnership and Sony have always backed and supported me to create television formats. The shows we created have found so many amazing artists over the years and so many of the various Sony labels all over the world have enabled so many of those artists to fulfill their dreams.
“We have all shared some incredible achievements, and importantly we have had lots of fun. I won’t say this was an easy decision to make, however, sometimes you have to personally support something you are so passionate about.”