The 'X Factor' and 'Got Talent' mogul has a new talent show in the works and he reportedly considers to take his latest project to a streamer instead of a television station.

AceShowbiz - Simon Cowell is considering moving to streaming platforms with his new talent show.

The music mogul is the brains behind shows including "The X Factor" and the global "Got Talent" franchise and, according to The Sun newspaper, he's "weighing up his options" as he prepares to debut another format.

Sources told the publication, the show, which is expected to hit the U.K., won't land on ITV - which currently airs "Britain's Got Talent" - with Simon apparently considering using a streaming service like Netflix instead of a terrestrial channel.

"Simon is constantly thinking creatively of new ideas and shows, innovating and evolving all the time," insiders shared. "He's vowed that his next show will be bigger and better than (Britain's Got Talent)."

They added, "He's weighing up his options. Simon has a big vision and the likes of Netflix have hundreds of millions in their coffers to help make it a reality."

Talk of a new show comes after dad-of-one Simon reportedly cancelled his upcoming appearance as a judge on "The X Factor Israel" this summer after breaking his back in a horrific bike accident last year (20).

Variety reported that members of Simon's team "reached out with legitimate concerns" over his appearance on the show amid the ongoing conflict between Israel and Palestine.

The production company behind the show confirmed the mogul had canceled his appearance "for his own reasons," but they "declined to say whether Cowell would have any part in the production" following his exit as judge.

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