Britney Spears has been dumped by her manager. In a statement released late on Monday, revered Hollywood svengali Jeff Kwatinetz has confirmed he and his partners at top agency The Firm have "terminated our professional relationship with Britney Spears."

The news came hours after Spears' lawyer, Laura Wasser, quit the singer's child custody battle with ex-husband Kevin Federline. Kwatinetz, who represented Kelly Clarkson until she fired him earlier this year, adds, "We believe Britney is enormously talented... But current circumstances have prevented us from properly doing our job."

Source: Press Release