TV
The deal mirrors one he recently signed with FOX in the US for American Idol and allows for another two series of The X Factor. Cowell has also developed a number of new formats for the broadcaster and is being tipped to appear in a celebrity version of Pop Idol this summer.
"ITV gave me my first break on television and I'm incredibly grateful," said Cowell. "We've had a fantastic relationship and I'm looking forward to another two successful years."
Cowell is the latest in a string of key names to be signed exclusively by ITV's director of television, Simon Shaps, following the shock defection of Paul O'Grady to Channel 4 last month.
"I'm delighted that we've persuaded Simon to stay at ITV," said Shaps. "He is a brilliant and unique talent and I look forward to continuing to work with him both on and off screen."
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