Ryan Seacrest will return to host 'American Idol' reboot on ABC

Seacrest ... in!

Ryan Seacrest said he's set to host the "American Idol" reboot on ABC, he announced Thursday on "Live With Kelly and Ryan."

The 42-year-old media personality hosted the original "American Idol" for 15 seasons -- from 2002 to 2016 -- when it aired on Fox.

"It's genuinely hard to put into words what American Idol means to me," he said in a statement. "I'm so grateful for the show and all the career and life opportunities it's allowed me to experience. It's been an incredible journey from day one. To be asked to return this year, at my new home at DisneyABC, is an honor, if not a bit surreal. I believe ABC is the perfect home for 'Idol,' and I've every confidence the show's legions of fans will love it -- especially 'Idol's' best traditions of showcasing heartwarming stories, remarkable talent discovery, and, best of all, making dreams come true."

The announcement comes after months of speculation on whether Seacrest would sign on to do the show or not, considering he's already got a lot on his plate with his co-hosting duties on "Live!" and his morning radio show "On Air with Ryan Seacrest."

Seacrest currently lives in New York City, and because "Idol" is filmed in Los Angeles, he would have to adhere to a strict schedule that would involve flying coast-to-coast on a weekly basis.

"I had said at the end of the series, 'Goodbye for now,' hoping somewhere it would come back," he explained on "Live!"

Seacrest will join Katy Perry, who signed a massive $25 million contract to be a judge, on the show. It's still unknown who else will join Perry at the judge's table, but plenty of names like Lionel Richie and "Idol" alum Carrie Underwood have been thrown around.

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