Source: Simon Cowell Is "Considering" Canceling The X Factor (VIDEO) Tweet March 29, 2012 by Wetpaint Entertainment Staff Related: The X Factor, Gossip , Simon Cowell Credit: 5Min Simon Cowell is playing major games with our hearts. First, the Britney Spears rumors and now cancellation rumors? Dear Mr. Cowell: Make an official statement already! Want more X Factor goodness? Like us on Facebook or follow us on Twitter!