The actress, who plays Hermione Granger in the films, has told producers that she wants to try other roles and turned down a new £2 million-per-movie offer.
Watson's co-star Rupert Grint, better known as Ron Weasley, admitted that he and Daniel Radcliffe (Harry) no longer speak to the 16-year-old.
"Emma doesn't want to do it any more," Rupert explained. "She's tired of being known as ‘that girl from Harry Potter'. Daniel and I are distant from her now. We don't text or talk to her when we are not filming."
The newspaper claims that it has received confirmation from Warner Brothers that Emma has not signed up for the final films.