End of an era! Simon Cowell calls time on the iconic X Factor after 17 years.
The show launched in 2004 and while around the world the format is still successful it started to go stale in the UK during its latter years.
The show has produced globally recognised stars like One Direction, Little Mix, Leona Lewis, Olly Murs and James Arthur.
A representative for ITV confirmed to The Sun newspaper: "There are no current plans for the next series of The X Factor at this stage."
Simon will now focus on his new musical gameshow Walk the Line which will come to our screens later this year.
Simon talking about Walk the Line: "I am thrilled to be working on this new project. We wanted to develop a show which will give the contestants a life-changing cash prize if they win
"Each show there will be a champion who must make a vital decision: either cash out then and there or stay in the contest to compete again the following night and have a chance to claim the huge prize.
"It’s the kind of decision that will have viewers on the edge of their seats – real event TV. I’m very excited at giving musical talent the opportunity to transform their lives like never before."
Walk the Line is expected to be a 6-part show airing on a Saturday night during the autumn/winter schedule on ITV.