American Idol host Ryan Seacrest may be jumping ship from the show that made him famous when his $15 million per year contract is up with Fox at the end of Season 11.
According to reports Seacrest is working on a new rival talent show for NBC that also focuses on the music industry.
According to NBC Executive Vice President of Alternative Programming Paul Telegdy:
“[Ryan Seacrest Productions is working on] another music concept, which is a totally different kind of competition show,” while adding, “It is self-contained episodes. It is a bit more fun. It’s not contestant-competitive, it’s artist-competitive.”
Seascrest is expected to develop “no less” than 8-episodes for the network.
If Ryan leaves American Idol to host a new show for NBC he would have to wait until 2012 to appear on the program, his current American Idol contract with 19 Entertainment restricts him from any other talent show productions through 2011.