Ryan Seacrest Developing Rival “American Idol” Talent Show For NBC

There’s a Peacock in Ryan Seacrest’s future….

With just one more year left on his $15 million a year contract with the nation’s favorite singing competition, American Idol host Ryan Seacrest is in talks to develop a rival talent hit for NBC.

Seacrest and his production company, Ryan Seacrest Productions, are working on “another music concept, which is a totally different kind of competition show,” Paul Telegdy, NBC’s executive vice president of alternative programming, told The New York Post Monday. “It is self-contained episodes. It is a bit more fun. It’s not contestant-competitive, it’s artist-competitive.” Ryan’s production company — the same one that brought reality fans four different incarnations of The Kardashians — is in chats to develop no less than eight new shows on The Peacock Network, raising the possibility that the “Busiest Man in Showbiz is preparing to leave Idol once the show signs off in Season 11.

The new show is in the very early stages of development and it’s still too early to say whether or not Ryan will continue to host Idol or move to NBC to host the new program, Telegdy says. The TV mogul’s deal with CKX, the parent of A.I. production company 19 Entertainment, restricts Ryan from appearing on any other broadcast network until 2012.

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