The Masked Singer is set to return for a third series, Daily Star can reveal.
Telly executives have struck a big-money deal with production company Bandicoot.
A show insider said: “After some discussions, ITV agreed to splash the cash for another series. The format is such a hit with viewers, so they know it’ll be worth it.
“They are already making plans for when to film it and which celebs they’d love to sign up. They want the third series to be the best yet.”
Joel Dommett is expected to return as host for the new run and he is tipped to get a pay rise.
The insider added: “Joel’s popular with viewers so bosses are keen for him to stay on as host. And they’re prepared to bump up his fee to keep him.”
The Masked Singer has become a ratings sensation since the show launched last year.
It pulls in up to 8million viewers to make it the most-watched show on the box.
The current series reaches its climax this weekend with its big final.
Contestants Sausage, Robin and Badger will fight it out for victory before all being unmasked.
On Saturday night, viewers discovered the identities of two more characters, as Harlequin and Dragon were finally unmasked.
After weeks of intense speculation, Harlequin was voted off the show and revealed herself to be the iconic singer Gabrielle.
Meanwhile, Dragon pulled off their head to unmask themselves.
Viewers had no idea who the jolly green character was, with people theorising that it could be Michelle Visage or a drag queen.
However they all turned out to be wrong, as Dragon was revealed to be former Great British Bake Off host Sue Perkins.
As the final approaches, viewers seem convinced they know the identities of the last three contestants.
Viewers are certain that Sausage is either Stacey Solomon, Sheridan Smith or Joss Stone.
Robin is slated to be JLS hunk Aston Merrygold, while names including Peter Andre and Olly Murs have also been suggested.
Meanwhile, Badger seems to be leaving everyone stumped, though there are a few famous faces who have been put forward as the furry character's real identity.
Rita Ora is convinced Badger is Jamiroquai singer Jay Kay, but fans are sure that it is US singer Ne-Yo.
Watch the finale at 7pm on Saturday on ITV