Jennifer Lopez Quitting 'Idol'!

Just minutes ago J-Lo announced that along with Steven Tyler, and Randy Jackson, will be bailing out of American Idol. 

JLo called in to Ryan Seacrest's Show "On-Air with Ryan Seacrest" this morning, saying, "I honestly feel like the time has come that I have to get back to doing the other things that I do."

Lopez made the announcement a day after Steven Tyler bailed from the show. And there is a strong buzz that Randy Jackson may not be coming back either, leaving Ryan Seacrest the last man standing on the show, which has lost a third of its ratings in the last year.

Obviously, producers now have to make a decision that will make or break the show.