'American Idol' is coming back on ABC

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The news of Idol's return was announced by Robin Roberts and George Stephanopoulos on Good Morning America.

ABC outbid both Fox and NBC for the rights to bring the show back on the air, EW reported.

"American Idol" was once the biggest thing in prime time.

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Ben Sherwood, co-chairman of Disney Media Networks and president of Disney ABC said in a statement Tuesday, "American Idol on ABC..." "We are thrilled viewers will once again share in these inspiring stories of people realizing their dreams". Seacrest hosted every season, though judges changed over the years, from Simon Cowell, Randy Jackson and Paula Abdul to Mariah Carey, Nicki Minaj and Steven Tyler.

The show has produced some successful artists over the years, including Clarkson, Clay Aiken, Jennifer Hudson, Chris Daughtry, Adam Lambert, Jordin Sparks and Carrie Underwood.

ABC has closed a deal with FremantleMedia North America and 19 Entertainment to revive the music competition series American Idol.

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It looks like American Idol is coming back from the dead, as ABC had officially confirmed those rumors that have been going around for months now! Among those reports its return prior to ABC's official confirmation of the news were TMZ and All Access. The old Fox ratings powerhouse-turned-pathetic will have new life on ABC.

"We haven't gotten that far", Seacrest said on his show Monday when asked by Ripa whether producers had approached him to return.

Ryan Seacreast only started his new job hosting "Live with Kelly and Ryan" last week, but fans are already considering his next gig. According to the pair, ABC has not yet determined who will run the show, host or serve on the panel of judges.

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