23 April 2012 6:16 PM, PDT | Entertainment Tonight | See recent Entertainment Tonight news »

Ryan Seacrest has decided to stick around as the host of American Idol, announcing that he will return to the long-running program.

Related: Seacrest Confirms NBC Gig

"For the last 11 seasons, I've had the privilege to be a part of one of television's most iconic shows. It's been a wild ride, and I'm excited for my journey with American Idol to continue," Seacrest stated in a press release on Monday. "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."

Seacrest has introduced every guest and winner of the singing competition since it premiered on June 11, 2002. In the decade that it's been on the air, American Idol has become broadcast television's No. 1 show.

According to The Hollywood Reporter, Seacrest secured a two-year contract worth $30 million.

Related: American Idol Remembers Dick Clark, Axes Fan Fave »

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