L.A. Reid: “I’m Leaving ‘X Factor'”

Veteran X-Factor Judge L.A. Reid says he won’t be returning for a third season. I know, sad right…He was much better to watch than Randy Jackson over at Idol. But back to X Factor, Reid says he’s leaving to focus on his record company in 2013.

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Khloe Kardashian & Mario Lopez: New ‘X-Factor’ Co-Hosts

Khloe Kardashian & Mario Lopez have signed on to co-host ‘X-Factor: USA‘.

Via TMZ;

We’re told the final, tiny finishing touches are being put on their deals, but the announcement will be made this week.

We’re told their salaries will add millions more to an already enormous talent budget … with Britney Spears in the lead at $15 mil.

Khloe and Mario will debut later this month.

I think this is a great choice. Maybe we’ll see other Kardashians in the audience during the live shows?