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*“The X Factor” is history in the U.S.

On the heels of ITV’s announcement that franchise creator Simon Cowell will be returning to the UK edition as a judge this year, Fox has announced that its U.S. version of the singing competition will not be renewed for a fourth season.

“I’ve had a fantastic time over the last 12 years, both on ‘The X Factor’ and ‘American Idol,’” Cowell said. “And apart from being lucky enough to find some amazing talent on the shows, I have always had an incredible welcome from the American public (most of the time!). Last year, for a number of reasons, I had to make a decision to return to the UK version of ‘The X Factor’ in 2014. So for now, I’m back to the UK and I want to thank Fox for being an incredible partner and I also want to thank everybody who has supported my shows. America, I’ll see you soon!”

Cowell is not departing American television completely, he still executive produces NBC’s summer staple “America’s Got Talent,” but his on-screen presence in the U.S. will be taking a break.

The cancellation decision comes after horrible ratings for “X Factor’s” third season, which featured judges Cowell, Kelly Rowland, Demi Lovato and Paulina Rubio. Ratings were down double-digits from Season 2.