Britney Spears Demi Lovato New X Factor Pictures

It's official: Britney Spears and Demi Lovato are your new X Factor judges. The ladies stepped out in NYC today at Fox's upfront presentation for the official announcement that Britney and Demi are joining the show. Rumors started swirling months ago about Britney's involvement and a reported $15 million contract, but no confirmations were made until today. Returning judge Simon Cowell took the stage together before bringing out the rest of his team, saying, "I'm thrilled to be able to confirm the return of L.A. Reid, the addition of Demi Lovato and the superstar Britney Spears."

Britney made a brief cameo in a sexy white minidress and posed for photos with Demi and the guys. Before leaving the stage, Britney chimed in about her judging role: "I am so excited about this . . . I'm ready to find the true star." The second season of X Factor returns this Fall, but will you tune in to see Britney and Demi?