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Kelly Ripa announced on Thursday's "Live with Kelly and Ryan" that Seacrest will be returning as the host of the "American Idol" reboot. The announcement comes after seemingly months of negotiations between Seacrest and ABC, which is bringing the popular singing competition back on the air after Fox canceled it in 2016. "It's genuinely hard to put into words what 'American Idol' means to me," Seacrest said in a statement. "I'm so grateful for the show and all the career and life opportunities it's allowed me to experiencecome true." In May, FremantleMedia reached an agreement with ABC to revive the show, which was still pulling in decent ratings when it was retired. About 14 million tuned in for the series finale in April 2016.