By Abby Hassler

(RADIO.COM) – It’s official. American Idol will return to television on ABC in 2018. Rumors began circulating about the program’s revival last week, when TMZ reported ABC had made an offer to buy the show, beating out competitors NBC and Fox.

Related: Ryan Seacrest Named New Co-Host On ‘Live’ With Kelly Ripa

READ MORE: Evacuation Warnings Issued for San Mateo County Areas Burned by CZU Lightning Complex Fire

Variety reports the new American Idol comes from FremantleMedia North America and Core Media Group’s 19 Entertainment.

The iconic reality singing show ran for 15 seasons on Fox, and for eight consecutive seasons, was the highest rated show on television. After dwindling ratings, Fox aired the show’s final season in 2016.

READ MORE: Police Investigation of Shattered Vehicle Windows Temporarily Shuts Highway 17 Saturday

American Idol is a pop-culture staple that left the air too soon,” Channing Dungey, president of ABC Entertainment, said in a statement. “ABC is the right home to reignite the fan base. We are thrilled viewers will once again share in these inspiring stories of people realizing their dreams.”

The iconic show confirmed the rumors on social media Tuesday, writing, “This…is #AmericanIdol–coming to @ABCNetwork in 2018!”

Check out the post below:

©2017 CBS Local Media, a division of CBS Radio Inc. All rights reserved.
MORE NEWS: Russian River Rubber Dam Deflated Due to Impending Storm