'Amicable solution' agreed on 'X Factor.'
Music moguls Simon Cowell and Simon Fuller have reached a settlement in a multi-dollar legal case, apparently clearing the way for Cowell to extend his contract with the hit "American Idol" TV series.
Although details of the out-of-court agreement were not disclosed, both Simons said on Tuesday (Nov. 29) they had patched up their differences over the origins of Cowell's "The X Factor" talent show, which Fuller said ripped off his own "Pop Idol" creation.
"I am happy that we have been able to sort out our differences and find an amicable solution to our problems," said Cowell, who is best known as the acerbic judge on hit shows Pop Idol and American Idol.
"This means we can go forward and concentrate on working together for the next five years on developing other successful projects," he added in a statement released by his agent.
"Simon and I have shown just how well we work together in recent years. We have remained friends throughout this dispute and I think that it was this friendship that allowed us to settle our differences".
Fuller, who worked with Cowell on Pop Idol and its U.S. offshoot American Idol, added in the same statement: "When Simon and I are focused and working closely together we are capable of great things and I'm looking forward to us delivering more hits around the world".
On the same day, the producers of American Idol said they had reached a deal with the Fox television network for up to six more seasons of the broadcaster's ratings mainstay.
CKX Inc. owns 19 Entertainment, the creator of the wannabe-celebrity series Idol.
The company said it reached a joint agreement with producer FremantleMedia, Fox, Cowell and record label Sony BMG to continue the series for four more seasons with an option to renew for an additional two seasons.
Cowell has agreed to stay on for at least five more seasons beginning with the next installment of the series in January.
CKX said its subsidiary as well as FremantleMedia will receive a "significantly increased" license fee from Fox in line with the higher advertising rates set for the coming season.
Fuller, best known as the manager of the Spice Girls band, had accused Cowell of copying his ideas in the hugely successful television talent show format, a claim dismissed by Cowell as "utterly ridiculous".
Fuller's company 19 TV, creator of both Pop Idol and American Idol, had taken legal action against Cowell, his firms Simco and Syco and FremantleMedia, a unit of pan-European broadcaster RTL Group.