New reports from The Sun say Simon Cowell does not have plans to revive The X Factor - which last aired in 2019 - for at least five years.
A source told The Sun: "Globally, it is still a phenomenon and rakes in millions every year. But in the UK, there is no question it has become slightly stale. Simon remains at the top of his game and knows how to make a hit. He owns the rights to the show, and it’s his call — not ITV’s — whether or not he drops it...
They continued: "Clearly the last thing he wants is for X Factor to fizzle out with a whimper and become a bit of a joke — especially in contrast to the show in its pomp. It is still on the back-burner and there’s the option to return it in 2023, with auditions next summer, but a lot will ride on his new format Walk The Line."
Simon's new show - Walk The Line - will debut on ITV and ITV Hub later in the year, offering musical variety acts a chance to win a life changing prize pot. But to win the money, talent alone isn’t enough - the contestants will need nerves of steel as they determine whether to cash out or physically Walk The Line and risk it all to stay in the competition.
Simon Cowell said: “I am thrilled to be working with Lifted Entertainment and ITV on this new project. We wanted to develop a show which will give the contestants a life-changing cash prize if they win. Each show there will be a champion who must make a vital decision: either cash out then and there or stay in the contest to compete again the following night and have a chance to claim the huge prize. It’s the kind of decision that will have viewers on the edge of their seats – real event TV. I’m very excited at giving musical talent the opportunity to transform their lives like never before.”