Nick Cannon Nick Cannon

Apparently, NBC has a serious case of champagne wishes and caviar dreams.

The network is thinking about reviving the '80s unscripted series Lifestyles of the Rich and Famous, and Nick Cannon is signed on to host, according to The Hollywood Reporter.

The original series premiered in 1984 and ran for 11 years in syndication. It was hosted by Robin Leach, who famously ended each episode by wishing his viewers "champagne wishes and caviar dreams."

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NBC plans to shoot a pilot for an updated version of the series that will reportedly focus on Cannon's point of view and highlight the philanthropic efforts of the ultra-wealthy individuals he profiles, in addition to their favorite hot spots and extravagant toys.

Cannon was originally attached to a revival of Lifestyles of the Rich and Famous in July 2013 for the Style network, a former sister cable network of NBC. Style was rebranded as the Esquire network two months after Cannon came aboard, and the project never moved forward.

Cannon also hosts NBC's summer reality competition series America's Got Talent.

Would you watch a modern edition of Lifestyles of the Rich and Famous? Can Cannon live up to Leech's legacy? Weigh in below!

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