Seacrest, who has hosted the Fox singing competition since its debut season in 2002, joined judges Jennifer Lopez, Randy Jackson and Steven Tyler for a panel at the Television Critics' Association (TCA) press tour on Sunday.
When asked about his future with American Idol, the host said (via The Hollywood Reporter): "I love this television show... and I can't imagine life without American Idol."
As for the rumours suggesting he could potentially replace Matt Lauer on NBC's Today, he would only say: "I have a deal with NBC Universal that we're in negotiations discussing what I'll do, but I already work there."
Fox exec Mike Darnell added: "We love Ryan. I can't imagine the show without him. He's an enormous part of the show - our expectation is he's going to be on the show as long as we can get him."
Meanwhile, the network's president of entertainment Kevin Reilly was equally enthusiastic in his hopes to retain Seacrest, telling reporters: "It's very hard to imagine the show without Ryan. It's a tough negotiation and one that will come to conclusion pretty quickly."
American Idol returns for its 11th season on Wednesday, January 18 and Thursday, January 19, with the judges recently teasing that viewers can expect a "brutal" and "intense" Hollywood Week round.
Lopez said: "Last season, our Hollywood Week was easy breezy compared to this year, which was brutal. We had kids falling by the wayside... Kids were forgetting their words. Shaking in their voice. People we thought were going to be in the Top 10 were just crumbling. We were like, 'What is going on?' I guess it was the pressure of seeing the previous season and how it was big."
Scotty McCreery won the 10th season of American Idol last May and has since gone on to find success with debut album Clear As Day. He was recently honoured with the 'Artist of the Year: New Artist' prize at the American Country Awards 2011.
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