FOX announced that THE X FACTOR will launch in the U.S. in the fall of 2011. Simon Cowell, who created and launched THE X FACTOR in the U.K. in 2004, will serve as both executive producer and judge on the U.S. version, which will be produced by Syco Television and FremantleMedia North America. THE X FACTOR is currently shown in 17 countries worldwide with a global audience of more than 500 million, and is the No. 1 TV entertainment format in Europe. Cowell will continue to serve as both executive producer and judge on the U.K. version. THE X FACTOR format is owned by Syco, a global music, television and film production joint venture between Cowell and Sony Music Entertainment.