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Two of the most powerful entities in fashion and media—Topshop CEO Sir Philip Green and Simon Cowell—have joined forces to form a new entertainment venture. WWD reports that the duo are working on "a multifaceted, multichannel project that would create content for Europe and the U.S., entertain audiences and market a variety of products linked to the TV shows," and are looking at Disney as a potential merchandising partner. Full details aren't due to be released for a few weeks, but we're imagining something along the lines of 'America's Next Big Backup Dancer' branded jazz shoes, or 'The Race for Miss New Jersey' hair spray. The possibilities are terrifying. [WWD]