LA reid X factorIt looks like Island Def Jam chairman Antonio "L.A." Reid will join the cast of Simon Cowell's new FOX singing competition 'The X Factor,' according to The Hollywood Reporter.

THR's sources say Reid's participation as a judge is "a done deal" and that an official announcement will hit later this week.

Reid has a contract with Universal Music until December, but would get released early to join 'The X Factor.' Auditions for the show kick off March 27 in LA.

The winner will score a $5 million recording contract with Sony Music.