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'American Idol' 2018 reboot not happening

"American Idol" will not be coming back in 2018 because a tug of ... Read More
"

American Idol

" will not be coming back in 2018 because a tug of war between co-owners of the show,

Fremantle

and

Core

, torpedoed the deals.

With both

Fox

and

NBC

trying best to bring back the 15-year-old series, the owners had a big decision to make -- but failed to come to an agreement about which network should house the show, reported TMZ.

READ ALSO: Kanye West in talks to join 'American Idol'

Freemantle also owns "America's Got Talent", so there was reportedly a difference of opinion between the two owners as to which show would get prime treatment by NBC.

While, Freemantle was in favour of the deal and was pushing hard to pressure Core into agreeing to accept the NBC offer, the latter's executives felt that former company was trying to diminish the unique value of "Idol".

Therefore, the clash between the two companies has shut down negotiations with the network altogether.

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