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Gwen Stefani Gets $7 Mil To Host X Factor?

Chalk another one up for Simon Cowell!

According to new reports, Gwen Stefani will reportedly host X Factor's second season for around $7 million dollars. She takes over for Steve Jones who was dropped from the cast of the breakout show in January.

Get it, girl!!

There's been a flurry of X Factor news and speculation this week, with Britney Spears and Demi Lovato (but not Miley Cyrus) replacing aging stars Paula Abdul and Nicole Scherzinger at the judges' table.

These days, Simon racks up more celebrity notches on his bedpost than Warren Beatty!!

At least THESE girls won't steal his wallet and laptop! LOLz!!

Apparently Simon worries star collecting is his best option to stay afloat. A source close to him revealed:

"[Cowell] is feeling the pressure and knows only a big-time, well-respected name will do if he wants anyone to flip the channel from The Voice."

Yikes!!

Do U think Simon's high-stakes gamble will pay off?

[Image via WENN.]

from PerezHilton
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