Britney Spears Avoiding the Axe? Singer Quits ‘X Factor’ (EXCLUSIVE DETAILS & VIDEO)

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Britney Spears may be going on the offensive in response to the news that FOX’s The X Factor producers are preparing to let her go.

Despite FOX boss Kevin Reilly’s recent comment that Spears is welcome to return to the show, industry sources tell Celebuzz exclusively that planning meetings for Season 3 have been underway and that her participation going forward isn’t on the docket.

But, according to TMZ’s sources, Spears is resigning from the singing competition to focus on her music, even though “she loves the show.”

“Britney loves Simon, she likes Demi Lovatobut her thing is music,” says one source.

Viewers are probably not surprised that the Princess of Pop won’t be continuing on with the show. She was the subject of harsh criticism among the media and viewers.

Spears completed her first season on The X Factor on Dec. 27. And about a week later, reports spread that the show’s producers had decided to fire the singer. Despite hopes her tenure would be a long one, sources said producers felt “it isn’t working.”

Hired (along with Lovato) to fill one of the empty seats vacated by fired Season 1 judges Paula Abdul and Nicole Scherzinger, Spears created a lot of buzz, but the show’s ratings still failed to improve upon last year’s numbers.

Viewership reached a season high of 9.6 million viewers during its finale. The bad news is that the viewership for the live finale results show still represented a drop from the 12.6 million viewers who watched the grand finale last season.

Spears is currently recording her eighth album with producer and “Scream And Shout” duet partner Will.I.Am and producer Hit-Boy. On top of that, she’s considering a tour after completing the album.

A tour could be a way to recoup the $15 million paycheck she’s giving up. The 31-year-old’s last world tour, which ended in August 2011, made $37.1 million and sold out 14 of the 39 shows according to Billboard.

Combined with L.A. Reid’s resignation from the show, Spears’ exit opens the door for two new judges on Season 3.

Spears’ rep and the show’s spokespersons didn’t immediately respond to Celebuzz’s request for comment.

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