Simon Cowell leaving American Idol

Simon Cowell
Yes it is true. Simon Cowell is leaving American Idol.

Cowell told reporters at the TV Critics Association winter press tour that “There’s been a lot of speculation [about my future], partly because we didn’t have an agreement. We reached an agreement formally about half past 11 this morning. Where we have come to is that The X Factor will launch in America in 2011, with me judging the show and executive producing the show, and because of that, this will be my last season on American Idol this year.”

First things first, The X Factor isn’t much different than American Idol except that contestants of all can enter and the judges mentor as well as just critique.

The X Factor will air in the fall, while Idol will continue airing in the spring. So what will happen with this season of American Idol and Cowell?

“I’ve always said this was my last year,” Simon told us. “Everyone thought I was negotiating, but that wasn’t the reason behind it. I felt like doing something different. I like the challenge. I want to leave Idol this year, bigger and better than it’s been before…I hope it’s going to be higher than it was last year.”