Simon Cowell Presents Your New X Factor Judges: Britney Spears and Demi Lovato!

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L.A. Reid, Demi Lovato, Simon Cowell and Britney Spears talk X Factor season 2

It’s finally official, set-in-stone, greenlit and ready to go! After weeks of rumors, Britney Spears and Demi Lovato were officially presented this afternoon as the newest judges on The X Factor. We announced last week that Britney finally inked a $15 million deal after years (OK, maybe just months) of back and forth negotiations, and this morning we passed along unconfirmed reports that Demi was signing on as well. But now we know for real that the two Disney alums will be taking over seats left by former judges Paula Abdul and Nicole Scherzinger.

“I’m so exited about this whole experience,” she said at the Fox network “upfront” this afternoon in New York. “I’m ready to find a true star.” Demi was equally enthusiastic. “I’m exited to represent my generation.” For his part, Simon was his usual cocky sharp-tonged self. “I’m thrilled they The Voice have decided to compete with us in the fall,” he said with a smirk. “I wish them luck.” Bold words, considering that the first season of the show didn’t match the overwhelming success of American Idol a decade before. But…come on, it’s Britney freakin’ Spears. She’s sure to be a much-needed shot in the arm as far as the ratings are concerned! Right? Or are we just showing our age…?

[Photo: Getty Images]

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