You've no doubt heard "American Idol" host Ryan Seacrest referred to as "the next Dick Clark" over the years. But now Seacrest is considering the launch of a project even America's Oldest Teenager never managed to pull off: his own network.

According to The Hollywood Reporter, Seacrest is in early talks with the powerful talent agency CAA and live entertainment producer AEG to launch a joint cable network that would be overseen by Seacrest and feature some content from AEG's legendary venues such as London's O2 Arena and Los Angeles' Staples Center and L.A. Live.

While the deal is said to be in its very early preliminary stages, the concept for the network is described as "music, pop culture and lifestyle oriented," with Seacrest likely to have some on-air presence. Unlike Oprah Winfrey's soon-to-launch OWN cable channel though, Seacrest is not expected to serve as the face and personality of his unnamed venture, but to work mainly behind the scenes.

Given Seacrest's already robust portfolio of ventures -- from "Idol" to his hosting duties on "American Top 40" and his syndicated daily radio show "On Air With Ryan Seacrest," production and hosting duties for "Dick Clark's New Year's Rockin' Eve," and producing credits for "Keeping Up With the Kardashians," "Bromance," "Momma's Boys," and "Denise Richards: It's Complicated" -- the new network would also reportedly draw on his many entertainment industry relationships and experience as a reality producer to fill its airwaves. No mention was made of what, if any, impact the new project would have on Seacrest's hosting duties on "Idol."

Though the new venture sounds somewhat similar to the already-established E! Network, unnamed sources said the Seacrest channel will not be programmed to compete with E! and Seacrest will continue his duties at that network, where he executive-produces and co-anchors "E! News" and produces the "Kardashians" show.