Jennifer Lopez and Steven Tyler will be sworn in as "American Idol" judges next week, according to new reports.

Idol bosses will reveal all about the big names involved in the new season of the TV talent contest during a much-anticipated press conference on Wednesday.

And Idol host Ryan Seacrest has taken to Twitter to tell fans, "Looks like I have some new plans on wed! I will be able to introduce the @AmericanIdol judges panel! We will send u a pic! Can't wait."

Reports suggest existing judge Randy Jackson will join Lopez and Tyler on the show and industry sources have linked music mogul Jimmy Iovine to the newly revamped series.