Ryan Seacrest has signed a new $30 million deal to remain as the host of American Idol.
The presenter has been involved with the US talent show since it first hit screens in 2002. On Monday it was announced that he has agreed a two-year extension to his contract.
"For the last 11 seasons, I've had the privilege to be a part of one of television's most iconic shows," he said in a statement. "It's been a wild ride, and I'm excited for my journey with American Idol to continue.
"The legions of fans, amazingly talented contestants, judges, and producers, along with the hard working Idol crew, impress me every time we go on air and make hosting the show a dream job."
It has been reported that Ryan will earn $15 million per year with the new deal, but this is yet to be confirmed.
In recent weeks there was speculation that the 37-year-old star could follow in Simon Cowell's footsteps and leave the show. It was even claimed former judge Simon was eager to sign Ryan up for his rival US TV show The X Factor.
However, show creator Simon Fuller is thrilled he has committed to American Idol for another two years.
"He has been here from the very first day," he said. "I can't imagine the show without him."
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