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Cowell revealed that he will axe his hit shows, the X Factor and Britain’s Got Talent, when ratings slide, saying: ‘I think I’ll know when it’s time for me a. not to make these shows anymore, simply because people won’t be interested.
‘I wouldn’t want to be on something…I once described ratings going down slowly as death from a thousand cuts. If we hit a plateau or start going down then it’s time to move on.
I’d had smaller failures, signing bands that didn’t work, but my record company going bust, that was the first big one.
Cowell, who clawed his way back in the music industry after signing puppets Zig and Zag followed by Robson and Jerome, claimed he was let down by people who broke his trust, although he neglected to name his early tormentors.
The pair then welcomed their son - a half-sibling for Lauren's eldest son Adam from her previous marriage - in February 2014, and named him after Simon's late father, who died in 1999.
Simon has displayed his visibly slimmer frame during the sun-soaked outing, after vowing to overhaul his lifestyle and go on a health kick.
Lauren decided to forego any adrenaline-packed activities as she headed out on a boat with her family and friends.
Generous Simon has invited a huge crowd of friends and family, to his favourite spot in Barbados for the extended break, with the group celebrating Christmas and New Year's together.
She released her debut album Baby One More Time in 1999 at just 18 years of age and the album became the best-selling album by a teenage solo artist.
With her locks swept back into a chic ponytail, Lauren looked undeniably glamorous as she toted her belongings in a white Chanel handbag.
Joining the pair on the trip was Lauren's mother Carole, who at 59 is only a year older than Simon.
Lauren looked every inch the beach babe in her navy blue bikini, which boasted embellished detailing.
The mother-of-two covered up slightly with a semi-sheer halterneck kaftan which featured a sexy, thigh-high split - which showcased her enviably toned pins and stomach while catching the wind.
The media mogul has owned a property on the picturesque Eastern Caribbean island for a number of years.