After two seasons as judge on The X Factor, L.A. Reid is calling it quits as the music mogul will not return for a third season.

"I have decided that I will not return to The X Factor next year," he told Access Hollywood. "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."

Reid insists that his decision is based around work as he wants to get back to business as the chairman and CEO of Epic Records.

“I have a huge responsibility to a roster of artists and it’s kind of time for me to stop doing the ‘me’ show,” he said. “It was fun! I had a great time.”

Someone's pretty giddy!

On Thursday, Hugh Jackman was the latest celebrity to receive a star on the Hollywood Walk of Fame.

Anne Hathaway and Amanda Seyfried were in attendance to help celebrate Hugh's big day. Add that to his SAG and Golden Globe noms for his work in Les Miserables and it equals one big week for the Aussie actor!

What a happy family!

Hilary Duff and Mike Comrie decided to give their son Luca a little culture as the three took a trip to the Los Angeles County Museum of Art on Thursday.

The 25-year-old actress and her family have been pretty cozy lately and she's even looking better and better after shedding the baby weight. No wonder she's all smiles!

This is definitely her color!

Reese Witherspoon left her infant son Tennessee at home for a lunch date at The Tavern in Brentwood today, and the bubbly blonde got into the Christmas spirit with a bright red dress that showcased her amazing post-baby weight loss!

The Walk The Line star is apparently slimming down with the help of fellow new mom Jen Garner! "Both of them have a serious sweet tooth. Whenever Reese wants to reach for a chocolate bar she calls Jen instead, and vice versa," a source tells Star. Both lovely ladies count The Tavern as their favorite local eatery, but from the sounds of it, they are forgoing the delicious paninis in favor of salads!

The Oscar winner might not be indulging in Christmas feasts, but she is looking forward to the holidays with her new baby boy! "We're going to do fun things. We already bought him a cute little Santa's helper outfit and we're excited about that. That's going to be lots of fun," she recently told E! Online about her celebration plans.

You look ravishing Reese, so go ahead and treat yourself to a cheat day!

Ben Affleck was spotted with daughter Violet after school on Wednesday, and we're not sure who is dressing the hunky actor these days, but he's definitely been picking out some dapper outfits!

And in case you really like Ben all dolled up in a suit, you'll definitely see him at the Golden Globe Awards next month, as his latest flick Argo earned him a Best Director nod, along with 4 other nominations, including Best Picture. Congrats!

Spread Pictures

He sure cleans up nicely!

Prince William put on his nicest tux and attended The Hobbit premiere last night in London, and the future King stole the show with his dashing good looks!

Pregnant wife Kate Middleton stayed home, as she has been struggling with severe morning sickness since announcing she was expecting her first child in early December. Apparently she was bummed she missed it, though!

"She would have loved to have been here if she could," the prince was quoted as saying.

Wills mingled with the film's stars, including Cate Blanchett and Sir Ian McKellen.

It must have been quite the soiree to tear him away from his lady love!

Date night for a good cause!

Olivia Wilde and boyfriend Jason Sudekis attended the 12-12-12 Hurricane Sandy relief concert last night, and we're sure the pair had a ball jamming out to all the amazing performances!

They were just some of the many celebs that lent their support to the relief efforts!
Adorable duo Penn Badgeley and girlfriend Zoe Kravitz were there, along with Kobe Bryant and his on-again wife Vanessa, Chris Rock, James Gandolfini, Jamie Foxx and many others.

After the show, all the celebs hit the "Sandy Night Out" event at Santos Party House in NYC. Milk Studios, Waves for Water, Smartwater and Russian Standard Vodka held a classic, old school New York dance party with legendary DJ’s Stretch Armstrong, QTip, Rich Medina, Clark Kent, D-Nice and Tony Touch to raise much needed funds for the victims of Hurricane Sandy.

Britney Spears and her new pooch arrived at the Los Angeles set of The X Factor with messy hair and no bra, so we're guessing she spent quite a bit of time in hair and makeup (and wardrobe!) before hitting the stage with Demi Lovato and Simon Cowell:

Getty Images for Fox

What a dramatic transformation! And not only does she clean up well, but it was announced earlier today that Britney is Forbes' top-earning female musician after raking in a whopping $58 million over the last 12 months. She's still got it!