Praise Jesus. The speculation, rumors, failed negotiations and all that drama is officially over. The worst kept secret over at FOX has finally been confirmed by the network at their Fall upfront presentation today. Britney Spears and Demi Lovato are officially joining the second season of “The X Factor“. The two singers fill the vacated judging seats left by Paula Abdul and Nicole Scherzinger. Now, we can shift our speculation on the male and female who’ll take over hosting duties.

“Britney is an unparalleled superstar. Her success in the music industry over the last two decades makes her a perfect fit for ‘The X Factor’ judging panel,” Mike Darnell, FOX’s President of Alternative Entertainment, says in a statement. “Demi has mass appeal and is beloved by her fans around the world.”

Given that the first season failed to live up to Simon Cowell’s prediction, obviously, he wanted to clean house for Season 2. Based on his replacements, he thinks appealing to a younger demographic is the way to go. If you combine Britney and Demi’s age which are 30 and 19 respectively, they equal to Paula’s age of 49-years-old. Poor Paula.

While I think Spears is a good choice for the slot, I’m not crazy about Lovato. But given Spears is costing Cowell a pretty penny ($15 million to be exact), he probably didn’t have much left in the budget for the second new judge. Ergo Demi. Personally, I would’ve loved Janet Jackson on the show with Britney. But that’s just my two cents. Check out a picture of L.A. Reid, Britney, Demi and Simon together for the first time below.

“I’m ready to find the true star,” – Spears

“It’s an honor to be standing next to you, (Brit). It’s an honor to represent my generation.” – Lovato

What do you think of Lovato and Spears joining? Who would’ve you rather seen sitting beside Cowell? I can’t wait for Britney’s ramblings and secretly hoping she acts a little unhinged on the show. She’s the younger and blonder Paula in terms of cray cray behavior.

One a side note, I’m going out on a limb and saying Cowell will get the groups category for Season 2. With One Direction, a group he manages, taking off, he’ll be eager to find a US version of the boy band.