'The X Factor' renewed for Season 3

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the-x-factor-season-3-renewed.jpgGet ready for more of "The X Factor," because FOX has enough faith in the Simon Cowell-produced show that the network has already renewed the reality singing competition for a third season -- before the live rounds of Season 2 have even begun.

"I couldn't be happier about 'The X Factor' already being renewed for another season," says Cowell in a statement. "I am so proud of the show and the team who have made it this season. ... Our main commitment will always be to find great talent, and let's not forget, we are now days away from our first live shows. The gloves are off! Expect fireworks!"

Although we're months away from contract talks, the network seems to have faith in the new additions to the judging panel, Britney Spears and Demi Lovato.

"This season, Simon and the producers of 'The X Factor' took an already strong show and made it absolutely fantastic. The format changes are working, the contestants are unbelievably talented, and Britney and Demi -- alongside Simon and L.A. [Reid] -- have brought an incredibly fun new chemistry to the judges' panel that our fans really love," says FOX's President of Alternative Entertainment, Mike Darnell. "We feel great about the show and I'm thrilled to bring it back next year for Season 3."

Are you excited for Season 3 of "The X Factor"? Or are you waiting to see how Britney and Demi fare during the live shows?
Photo/Video credit: FOX