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MediaTakeOut.com just got word from a person VERY close to Rihanna that Rih has just signed to be the NEWEST JUDGE On Fox’ X-Factor.

According to our snitch, it’s not clear WHAT happened with the negotiations with Britney Spears, which EVERY news agency in the world is right now saying HAS THE JOB – but they fell apart.

The insider told MediaTakeOut.com, “[Rihanna] wanted to be on X-Factor, but we all thought that [Britney Spears] had it . . . when [Rihanna] found out that they wanted her instead, she jumped at [the opportunity.”

We’re told that Rihanna’s VERY CAPABLE management over at RocNation made it happen. Oh, and Rih is making BIG MONEY hosting the show, we’re told she will get between $15 and $20M a year in cash and perks. Dang Jigga and ’em STAY winning!!!