Report: Britney Spears Earning 15 Times Demi Lovato’s "X Factor" Paycheck

Jeff Kravitz/FilmMagic(LOS ANGELES) -- It was formally announced Monday that both Britney Spears and Demi Lovato would be joining Simon Cowell as judges on the upcoming season of The X Factor.  And while much has been made about Spears' reported $15 million deal, not much is known about what Lovato would be pulling down -- until now.

TMZ is reporting that Lovato will make just over a million bucks for her work on the show -- nothing to sneeze at, for sure, but a fraction of Spears' take home, considering the comparable star wattage.

The gossip site also reports Lovato is so happy about the deal she's rearranged her tour schedule so she won't miss an episode of The X Factor.

Copyright 2012 ABC News Radio

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