AMERICAN IDOL - COWELL AND U.K. BILLIONAIRE FORM "GLOBAL ENTERTAINMENT BUSINESS"

COWELL AND U.K. BILLIONAIRE FORM "GLOBAL ENTERTAINMENT BUSINESS"

British TV producer and American Idol judge Simon Cowell and British department store magnate Philip Green are merging their names into a new company called Greenwell Entertainment. Press reports describe it as a "global entertainment business," but it was not clear how it would function. It is expected to incorporate Cowell's TV and recording interests, which include Britain's Got Talent , as well as its U.S. version, America's Got Talent as well as The X Factor , another talent contest that could also find a place on U.S. television. Cowell also operates several businesses through his company Syco tied to American Idol , a show that reportedly has made him the highest-paid personality on U.S. TV. Nevertheless, he disclosed in a recent interview that he often experiences "dark moods and miserable thoughts" that cause him to become "very antisocial, depressed and irritable."

26/06/2009