'American Idol' Jennifer Lopez, Steven Tyler Exit Aftermath: 5 Latest Developments on the Show's Shakeup

JLo Out! Katy and Mariah In?
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Since official news broke that both Jennifer Lopez and Steven Tyler would be leaving their judging gigs on American Idol, the rumor mill has been turning out plenty of speculation about the show's future.

Now, reports are surfacing that Randy Jackson, the only remaining original judge, might be jumping ship too. With plenty of room on the judge's panel, the singing competition is looking to re-vamp itself -- and stand out from its competitors like The X Factor, which secured coveted pop stars Britney Spears and Demi Lovato for the upcoming season.

So, what is really going on here?

Celebuzz has pulled together the five biggest updates since Monday to help our readers figure out this admittedly messy situation. Check them out below, then tell us: What would you most like to see happen next season on Idol?

1. Mariah Carey: Too Expensive for Idol?

The "One Sweet Day" singer, 42, was reportedly approached by AI producers to join as a judge, and now her husband Nick Cannon is speaking out about it.

"I don't know if they can afford Mariah Carey. That's a lot of money. If they gave JLo $20 million, they might have to double that!" he told TMZ.

2. Randy Jackson Out?

The only remaining original judge recently spoke about his feelings towards his former co-stars.

In a statement released to NY Daily News, the 56-year-old musician said, "Steven and Jennifer are truly two of the most talented and consummate professionals I've worked with. I was friends with them before we hopped on this crazy journey together and I have no doubt our friendships will continue long after. I will love them for life."

As for the show's future, that is still up in the air, but there have been conversations that Jackson's role may change from judge to mentor while new high-profile judges take over the table.

3. Katy Perry Has Voted Herself Off American Idol.

The "Part of Me" singer, 27, won't be a part of the judging panel on the Fox singing competition show next season, according to The Hollywood Reporter.

"People have reached out to me about the possibility of being involved, and it's not right for me yet,” Perry said. “It's a real commitment to be on one of those shows."

4. Aretha Franklin Would 'Love' Being a Judge on Idol.

Ready for some R-E-S-P-E-C-T, the 70-year-old singer has expressed her interest in the role as one of the reality show’s judges.

According to the Daily News, a Franklin friend says, “She would love that gig. It pays millions of dollars and she could stay put [in one place] for a few months to do it.”

5. Jennifer Lopez Plans to Focus on Her Movie and Music Career.

“I do miss doing films. I feel like the last two years with ‘(American) Idol,’ I’ve really, really focused on, you know, my music. ... It was all kind of very synergistic, it worked really well together,” Lopez told The Washington Post.

“But (film) is something that I really loved, it’s how I kind of started in this business, and it doesn’t leave you. I am an actress, I need to do that, too.”

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