The news follows rumours that the singer was set to resign from her position as a judge on the talent show

Britney Spears has resigned from her role as a judge on the US version of The X Factor.

Rumours of her departure started circulating earlier this week, and a statement confirming the news was released today (January 11).

The statement – via Billboard – read: “Britney did decide, and is in fact not returning to X Factor“.

Spears also released a statement of her own, in which she said that it was time for her to return to the studio and start making music again. She said: “I’ve made the very difficult decision not to return for another season. I had an incredible time doing the show and I love the other judges and I am so proud of my teams but it’s time for me to get back in the studio.”

She added: “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.”

At the end of last year it was rumoured that the singer might be sacked from her job as a judge because producers felt she hadn’t worked hard enough to earn her reported $15 million (£9.3 million) salary.

In December, Spears was revealed as the highest-earning female in music in 2012, bringing in an estimated £40 million through album sales, live shows and TV appearances.

Her role on The X Factor helped significantly boost her income in addition to her latest album, 2011’s ‘Femme Fatale’, being certified platinum and live dates around the world supporting the release.