It's being reported that Simon Cowell is leaving American Idol. Cowell is leaving the popular show to launch a U.S. version of his British hit music contest The X Factor.
The Times of London reports that Cowell has been in talks with the Fox to bring X Factor to the U.S. in 2011. "There are discussions going on with 'American Idol' and also about the possibility of bringing 'X Factor' to the United States, but no decisions have been made, and nothing has been finalized," Cowell's spokesman said. The success of X Factor in Britain hasn't gone unnoticed by U.S. networks who want to take advantage of a hot show as soon as they can. 
Cowell $40 million per season contract with Idol expires in May so this season could be the last for him. No word yet if they will try to replace Cowell or end the show all together.
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