Simon Cowell launches new competition to find ultimate Latino boy band

TV and music mogul Simon Cowell has launched a new project to find the next Menudo.

The former American Idol judge has teamed up with executives at Spanish language network Univision to find the "ultimate Latino boy band".

Wannabes aged from 14 upwards and who live in the U.S. and Puerto Rico can audition online for La Banda, which will premiere next year (15).

Cowell says, "I'm very excited about this show. There is a huge amount of talent out there and La Banda is going to give five guys the opportunity of a lifetime."

La Banda will be hosted by Univision personality Alejandra Espinoza, and the winning quintet will land a recording contract with Sony Music Latin and Cowell's Syco Music, where their labelmates will include One Direction.