Simon Cowell to Create Entertainment Company

Simon Cowell is probably one of the most famous faces in the world, he shot to fame when he appeared as a judge on the first series of the hugely successful Pop Idol, he then went to America for American Idol and returned back to the UK after the second season of Pop Idol to launch the X Factor, he is probably the most famous judge in the world and also appears as a judge on Britain’s Got Talent.

But it is now rumoured that Simon Cowell will be joining forces with Topshop owner Sir Philip Green who has a fortune of just over 4 million pounds, and forming a global entertainment company. The company itself will be called Greenwell Entertainment and it will create a holding company for Simon Cowell’s television and recording interests, which include the shows X Factor and Britain’s Got Talent. It is said that they are also looking at developing new programmes both for the UK and the international sector.

Sir Philip Green could also cash in with his retail outlets as they may get exclusive rights to the biggest artists, which he could then use to launch pieces of merchandise and clothing. The entertainments companies’ first job may be to secure a new deal on American Idol, which could possibly make Simon Cowell the highest paid person on American TV. Simon Cowell who earned a huge 44 million pounds last year is now said to be worth an estimated 120 million pounds.

It is said that the matching up of the two is one that everyone should be afraid of including Disney as the Entertainment firm could just be as big, if not even bigger. Simon Cowell is said to be the person that will present and produce the entertainment firms whilst Sir Philip will oversea all of the financial aspects, strategy and merchandising.

The new company will also allow Simon Cowell to further dominate televisions as it is said that he would have a lot more control on work and earnings. The pair are very close friends and they have often been discussing business over dinner.

It would be good to see how all of this eventually works out and it would be great for viewers who have somewhat got bored of watching the same programmes year after year, with no new shows really launching as often as they used too. I just hope that TV does not turn solely into reality television.

Source by Musa Aykac