New American Idol judge, Steven Tyler.

American Idol made its new judges panel official on Wednesday. In a live broadcast, host Ryan Seacrest introduced the panel as: rock star Steven Tyler; singer-actress Jennifer Lopez; and returning judge Randy Jackson.

After months of speculation over who would or would not replace Simon Cowell, Ellen DeGeneres and Kara DioGuardi on the hit reality series, it appears that rumors circulating around Tyler and Lopez as the next judges were true. Both made statements after the announcement of what they expected from the season.

Tyler, the front runner for the top selling rock band Aerosmith, shared his desire to bring some rock to the show’s dynamic. He also recommended that hopefuls sing the same way they do when no one was looking.

Lopez clearly stated that she was looking for the next Michael Jackson. She stressed living for, and concentrating, on the moment.

The show also announced that record executive Jimmy Iovine will be a mentor to contestants for the 10th season. He is currently chairman of Interscope-Geffen-A&M records, the company that works with Lady GaGa and other major artists. Representatives from Fox said Iovine’s company will also ‘market, promote and distribute’ music by the finalists.

Nigel Lythgoe will be returning as the executive producer of the show. He left the position two years ago and vows his return is part of a goal to take the show back to its original theme of creating a star.

While the new judges are bringing about a rush of excitement, the question on everyone’s mind is, who will replace the villainous role that Simon Cowell often portrayed. Randy Jackson cleared that up at a news conference, saying that no one would try to fill that position. He spoke about how all of them would have their moments on the show.