Spears, 30, who will receive USD 15 million to join Simon Cowell and LA Reid on the judging panel, has a belief that Lovato and she have great chemistry together, reported Showbiz spy.
"Britney is the anchor of the new judging panel and that was Simon's most important hire. Britney is extremely hopeful that Demi Lovato will become one of the judges because she truly admires her. Britney loves how open and honest Demi has been with her fans after she went to rehab last year.
"She thinks they have a lot in common and that they would have great chemistry on the show. Britney is being kept apprised of the status of ongoing contract talks with Lovato and it is looking like she will be joining the show!," a source said.
Judges Nicole Scherzinger and Paula Abdul were sacked after one season on the show.
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