It's official: Britney Spears is leaving The X Factor.
"I've made the very difficult decision not to return for another season," the singer tells In Touch in an official statement. "I had an incredible time doing the show and I love the other judges and I am so proud of my teens, but it's time for me to get back in the studio. Watching them all do their thing up on that stage every week made me miss performing so much! I can't wait to get back out there and do what I love most."
And the "Scream & Shout" songstress, who signed a one-year contract for a reported $15 million, is not the only judge leaving the panel. In December, L.A. Reid —who's been with the show since its 2011 debut — also announced his exit.
NEWS: Britney Not Returning to X Factor
But 2013 will certainly be a busy year for Brit.
"I'm seeing so much chatter about new music out there," she tweeted earlier this week. "Glad to see you're all paying attention ;) Lot of work to do in 2013! LETS GO!"
With Britney and L.A. gone, that only leaves Simon Cowell and Demi Lovato. But who will replace the two judges? We'll just have to wait and see!