The problem is that Susan Boyle got famous (instantly) precisely because Britain's Got Talent was on terrestrial television and that people shared their enthusiasm virally via the likes of Twitter (famously showcased by Demi Moore and Ashton Kutcher's tweet), YouTube and Facebook. Where's the viral buzz going to come from from a show you have to pay for per view when X Factor fans can already get their fix for free by on the telly? The audience reach for eyeballs with time to watch all the coverage will be students, OAPs, prisoners and the unemployed, most of whom won't have much disposable income.
Simon Cowell will continue to earn loads of dough from the franchise, but he'll soon have to think up a new format to stay ahead of the game.
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