Britney Spears Close To Joining 'X Factor' Panel

Move over, Christina Aguilera — you may have The Voice, but Britney Spears has The X Factor. At least that's what a source told The Hollywood Reporter on Thursday.

Spears, who recently became engaged to her agent Jason Trawick, is reportedly approaching a final deal to join Simon Cowell's televised singing competition, filling one of the spots vacated by Season 1 judges Paula Abdul and Nicole Scherzinger. The deal makes industry sense, given that Spears is signed to Sony Music's RCA Records, which holds the reins of all X Factor artists.

“[T]here’s going to be a lot of twists and turns over the next few weeks and a lot of things we’re going to announce," Cowell said, neither confirming nor denying that Spears would be joining himself and L.A. Reid at the judges table. No final word, either, on who will fill the fourth seat.