In an essay published in The Hollywood Reporter on Wendesday, President and Chief Creative Officer Janice Min announced that they are getting rid of their annual power rankings of women in Hollywood. The list has been highly controversial as even once called by The New York Times a "blood sport."

Hollywood News: Next Generation of Superstars [VIDEO]

Accoding to Min, "THR's Power 100 list, by its nature, pits the town's most impressive females against one another. We accidentally created a beauty pageant of brains where only one woman gets crowned."

Taylor Swift on Cover of 'Hollywood Reporter' Powerful Stylists Issue, [PHOTOS]

Now that THR and Billboard publications are set to toss their female-exclusive list, they intend to replace it with a single annual 'Power 100' (THR) and 'Power 50' (Billboard).

Tags: The Hollywood Reporter Janice Min Power 100 Billboard Power 50