Selena Gomez to Replace Demi Lovato on The X Factor? Simon Cowell Sets the Record Straight

Selena gomez the x factor demi lovato

Simon Cowell talks to Life & Style about the rumors that Selena Gomez is set to replace BFF Demi Lovato on 'The X Factor' next season.

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Demi Lovato is out, and Selena Gomez is in?

Not quite.

After Demi confirmed to Life & Style at The X Factor finals on Wednesday that she would not be returning next season, judge and creator, Simon Cowell, told the mag he had someone “larger than life” lined up to take her place.

Rumor had it that Selena was up for the gig, which would make sense since she just recently canceled the Australian leg of her Stars Dance tour in the beginning of 2014.

But Simon, whose duo Alex and Sierra [see below] won the third season on Thursday night, tells us that’s simply not true.

Speaking to the mag after the pair’s big win, Simon explained that his ideal new judge “will do the job we are paying them to do, which is to turn them into recording artists.”

“Not just to say ‘you’re good and you’re bad’ – I think that role’s changed hugely. The interview process will be very different going forward.

The “Neon Lights” singer’s reveal that she was calling it a day didn’t come as a shock to Simon.

“I’ve known for a while that Demi wasn’t going to do it again, so we’ve been thinking about it for three or four months,” he said.

“There was one person who we were chasing, which is important for the show.”

Now that the show is over, the TV personality is focused on season four and, of course, becoming a first-time dad.

“I’ll be a good dad and Lauren will be a great mom,” said the 54-year-old, who’s expecting a son with girlfriend Lauren Silverman, 36.

EXCLUSIVE: Selena Gomez Wants to Move Next Door to Ex-Boyfriend Justin Bieber

On Thursday afternoon, Selena confirmed that she was taking time off in the New Year and cancelled the international part of her tour.

“My fans are so important to me and I would never want to disappoint them,” she said in a statement.

“But it has become clear to me and those close to me that after many years of putting my work first, I need to spend some time on myself in order to be the best person I can be.”

“To my fans, I sincerely apologize and I hope you guys know how much each and every one of you mean to me.”

As Life & Style reported, 2014 is shaping up to be a very interesting year for the “Come & Get It” singer.

An insider tells the mag that she’s considering moving near her ex-boyfriend, Justin Bieber, 19, in California.

“Selena is very close to making an offer on a house inside the Calabasas development where Justin lives,” the source dishes to the new issue of Life & Style, on stands now.

“She looked at other neighborhoods, but really fell in love with a home near Justin’s.”

But the insider insists that the 21-year-old is over her former flame. “Selena’s definitely happy she isn’t with Justin anymore.”

VIDEO: Justin Bieber Admits He Still Loves Ex-Girlfriend — and Possible New Neighbor — Selena Gomez

The Biebs, on the other hand, still seems to have strong feelings for the brunette beauty.

“It’s such a public thing. It’s just hard for the both of us,” he said in a radio interview earlier this week. “But, you know, she’s a great woman. I love her till this day.”

Fore more on Selena and the Biebs, pick up the new issue of Life & Style, on stands now.

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