The news comes nearly a year after Seacrest began planning to launch a network, which would feature broadcasts of AEG's concerts and series produced by Seacrest. Besides emceeing Idol, the 36-year-old has an E! News gig, hosts the On Air with Ryan Seacrest radio show and produces Keeping Up with the Kardashians.
Seacrest could be going the same route as Oprah Winfrey. The inspirational talk show host took over the Discovery Health network in order to launch OWN earlier this year.
Would you watch Seacrest's network?