As if she wasn't busy enough!

Katy Perry has signed on to be a judge on the American Idol reboot, she announced in a press release on Tuesday.

"I am honored and thrilled to be the first judge bringing back the American Idol tradition of making dreams come true for incredible talents with authentic personalities and real stories. I’m always listening to new music, and love discovering diamonds in the rough — from mentoring young artists on my label, or highlighting new artists on my tours, I want to bring it back to the music," she said.

All other details are basically up in the air!

Execs are eager to get Ryan Seacrest to return as the host, but because he signed on the dotted line to co-host Live! With Kelly, those negotiations are tricky and still ongoing. Simon Cowell has already turned down an offer to resume his role, so it remains to be seen who will join the "Chained to the Rhythm" songstress on stage.

How great would it be if KP's rival Taylor Swift was added to the roster just to bring the drama?!