‘X Factor’s’ L.A. Reid Leaving the FOX Talent Competition

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Just as Simon Cowell has rebuilt FOX’s The X Factor from the ground up for Season 2, one of his original judges is leaving.

“I have decided that I will not return to The X Factor next year,” L.A. Reid told Access Hollywood. “I have to go back and I have a company to run that I’ve kind of neglected and it saddens me a little bit, but only a little bit.”

Reid is currently the chairman and CEO of Epic Records. The record executive and music producer is responsible for finding many of today’s most successful stars including Justin Bieber, Mariah Carey, Rihanna and Pink.

Reid says that he’s leaving solely for business reasons and that he’s still on very good terms with the show and fellow judge and executive producer, Cowell.

“I love Simon,” he said. “We have a great relationship, we have fun together, we talk, we laugh, we do bad things, we’re friends. I owe so much to Simon. I really have a lot [of] respect for him and I always will. I support him, I support the show and I’ll always be in business with him.”

Cowell chose to keep Reid on after Season 1, but fired judges Paula Abdul and Nicole Scherzinger along with host Steve Jones. This season, Britney Spears and Demi Lovato filled the empty judging spots while Mario Lopez and Khloe Kardashian Odom were hired to co-host the FOX talent competition.

Representatives for The X Factor didn’t immediately respond to Celebuzz’s request for comment.

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