So long, L.A. Reid.
The music mogul announced Thursday that he won't be back for Season 3 of Fox's "The X Factor" and will instead devote his full energies to the music label he runs for Sony. The TV singing contest was created by Simon Cowell, who also serves as a judge.
"Of course, I will miss the show," Reid told the Hollywood Reporter. "In my opinion Simon attracts the best talent but I'm looking forward to getting back to my core business and the responsibility of running Epic Records."
Reid is the chief executive of Epic. When he joined the singing contest last year, he left his post running Def Jam Music Group.