" ‘I have decided that I will not return to ‘The X Factor’ next year,’ [L.A. Reid has] told Access Hollywood’s Shaun Robinson in an exclusive interview. ‘I have to go back and I have a company to run that I’ve kind of neglected and it saddens me a little bit, but only a little bit.’ "
The story adds, "With a seat about to become vacant on the FOX reality show, L.A. offered his suggestion on who should fill the spot. ‘You know who I would love to see take it, and by the way I have nothing to do with it, but my choice would be like Jon Bon Jovi,’ he said. ‘That’s who I would pick.’ "
The article also says, "L.A. also told Shaun he could be back somewhere down the line. ‘I’m not ruling ever coming back, but I’m definitely not coming back next year,’ he said. ‘I have a job to do and once I get some work done and get some momentum then maybe I’ll revisit the idea a little later.’ "
Reid also said that he and show creator Simon Cowell continue to have "a great relationship."