Ryan Seacrest Ryan Seacrest

Ryan Seacrest is working with NBC to develop a music-themed show that he promises will not compete with American Idol, according to The Hollywood Reporter.

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The project is still in the early stages and it's unclear if Seacrest would serve as host, but it will be a "totally different kind of competition show," Paul Telegdy, NBC's head of alternative programming, told the New York Post. "It is self-contained episodes. It is a bit more fun. It's not contestant competitive. It's artist competitive."The catch: Seacrest's current $15 million contract with Fox, which expires in 2012, bars him from appearing on rival networks, meaning the NBC show may not hit airwaves for a while."It doesn't make a lot of sense to host a show competing with

Idol," Seacrest told the Reporter in March. "I think it's possible [to be the face of another show in the future], but at this point I certainly have not even gone down that road because Idol is in a great place, so I think we're just enjoying that and we want to focus on that."

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Seacrest's eponymous production company, which produces the Kardashian franchise and Jamie Oliver's Food Revolution, also has a deal with NBC to develop eight new shows."We are already in business with Ryan's production company and really have been since before the [NBC-Comcast] merger," Telegdy says. "They were pitching, we were buying and we were developing together. So, I think there will be more of that."