'X Factor' bosses reduce prize for winner

The winner of 'The X Factor' will no longer land a £1m recording contract.

Leaked figures show the successful contestant would need to have a career spanning at least four albums in order to generate the huge sum, with their advance for their first record being just £150,000, rising to £237,000 for a second, then £315,000 and £400,000 for the third and fourth releases.