Music producer Jimmy Iovine, who has mentored American Idol's contestants for the last three seasons, is leaving the show and will likely be replaced by Jackson, Deadline Hollywood reported.
Iovine is the co-founder of Interscope Records and chairman of Interscope Geffen A&M. He joined American Idol for its tenth season in 2011 to fill the void of the blunt and snarky Simon Cowell, who quit the show to pursue an American edition of his similar The X Factor competition after being with Idol since its first season debuted on Fox in 2002.
Interscope Records' Universal Music Group has also served as American Idol's recording label partner the last three seasons, replacing Sony Music. Sony Music had served as American Idol's recording partner since the reality competition's first season when Cowell, a recording executive with Sony BMG, the company's predecessor, began serving as part of its judging panel.
Fox chairman Kevin Reilly had said earlier this month Jackson would "be back in some capacity," according to Deadline Hollywood. "He is a friend of show, and certainly guests spots [are a real possibility]."
Jackson announced in May he was leavingAmerican Idol after appearing on the show for all 12 seasons. He was the only remaining original judge on the panel.
"Yo! Yo! Yo!" Jackson said in a media statement released by his publicist at the time.
"To put all of the speculation to rest, after twelve years of judging on American Idol I have decided to leave after this season. I am very proud of how we forever changed television and the music industry. It's been a life changing opportunity but I am looking forward to focusing on my company Dream Merchant 21 and other business ventures."