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Simon Cowell Admits His 'X Factor' Ratings Expectations Were 'Too Cocky' (VIDEO)

First Posted: 12/20/11 04:21 PM ET Updated: 12/20/11 04:23 PM ET

When "The X Factor" made its American premiere, Simon Cowell told Matt Lauer that if the new talent show didn't match the ratings of "American Idol," he'd consider it a flop. Now that the "The X Factor" is nearing its Season 1 finale, it's clear that it hasn't come close to that lofty benchmark. Cowell has now admitted that his bold pronouncements about how successful "The X Factor" would be were "too cocky."

"Good Day LA" (weekdays, 7AM ET on Fox) reported on a press conference where Cowell reflected on his boasts. "I think I probably came here a bit too cocky, but I'm cocky by nature. I came off a massive final in the U.K., had the adrenaline, couldn't wait to put the show on here, and it's going to take a little bit longer than I thought," he said.

"The X Factor" ratings have been a disappointment from the start. It premiered to 12.4 million viewers, as compared to the Season 10 premiere on "American Idol," which drew a whopping 26 million. In the 9PM hour, its premiere was beaten out by ABC's hit comedy "Modern Family."

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Filed by Alex Moaba  |  Report Corrections