X Factor supremo Simon Cowell will have three reasons to say "Hallelujah" this Christmas.
According to a report in the Daily Mail, the music mogul is not just earning the hefty profits from Alexandra Burke's version of the Leonard Cohen song, his music company owns the rights to Cohen's original recording and the version by Jeff Buckley.
All three versions of the song are expected to top the Christmas charts and some have predicted that the song will clinch the top three places.
Simon Cowell's company SyCo Music is reportedly earning £250,000 per day in royalties from the three recordings.
Cowell will not be in the UK when the Christmas chart is revealed. The music mogul flew out to Barbados at the star of the week for a month-long break.
Simon's former lover Sinitta and her two children, Magdalena, three, and two-year-old Zac, who she adopted with husband Andy Wilner last year, have joined the impresario in the Caribbean.
While Cowell is in the sunshine in Barbados, Alexandra Burke is busy in the UK undertaking a tour to promote her single.
She will next appear on our TV screens on a special Christmas edition of Top of the Pops and she is set to perform with veteran pop star Elton John and Will Young, on New Year's Eve at the the 02 Arena.
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