Simon Cowell Announces He's Leaving American Idol

There have been many rumors about American Idol since Paul Abdul exited the show in 2009 that Simon Cowell would be the next to leave as well.

With only 1 day before the show’s 9th sesason premiere, Cowell announced onstage today at press tour that he is leaving American Idol.

Simon told the assembled press, “There’s been a lot of speculation, partly because we didn’t have an agreement. We reached an agreement formally about about half past 11 this morning. Where we have come to is that 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.”

credit: E! Online

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