Just two months after leaving American Idol (or being asked not to return), Kara DioGuardi is heading back to the judging table as the lead judge on Going Platinum, a new song-writing competition on Bravo. More from PEOPLE:

“Hit songs are the backbone of the music industry, and as a publisher, nothing excites me more than finding new songwriting talent,” DioGuardi says. “I am happy to be a part of a show that helps up and coming songwriters pursue their dreams, while giving the public a look into the creative process.”

Jewel will host the show and help judge the competition, along with a music executive and celebrity guests. Going Platinum starts taping this month and will premiere in 2011.

The show will follow 12 musicians as they write music and lyrics for different genres, from hip-hop to love songs to dance tracks. The winner will receive a $100,000 prize, as well as music-publishing and recording deals.

A source familiar with the show says it’s a good fit for DioGuardi because “at heart, she’s a songwriter. Idol was performance-driven. This isn’t just about finding the next big singer – it’s about finding a hit maker, and she loves to nurture talent.”

Ryan Seacrest announced this morning that Aerosmith’s Steven Tyler and Jennifer Lopez will join Randy Jackson as judges on American Idol.

The two singers will replace former judges Simon Cowell, Kara DioGuardi and Ellen Degeneres.

Lopez is receiving whopping $12 million for one year! No word on what Tyler’s paycheck will be.

Looks like American Idol is going through some big changes! According to reports Kara DioGuardi has been fired from American Idol.

Rumors are circulating that now that DioGuardi is out and Ellen is out, the panel will return to three judges. The new judges possibly being Aerosmith frontman Steven Tyler and triple treat Jennifer Lopez.

Kara alway seem to give good advice, but never quite connected with the fans like Paula Abdul did. Here’s what she had to say about being on American Idol.

“It was pretty hellish,” she has admitted of her first season on the show. “Yeah, I got slagged. People were … it was difficult for them to accept the change. It was difficult for them to understand why somebody who nobody had ever heard of could kind of come out of nowhere and sit next to these iconic figures. You know, why was I there, what did I do to deserve to be there?”

But her second season was “easier,” she has said, “because I’m not as fearful as I was last year … For someone who’s never been on live television, it’s very, very challenging to go from the back of the studio to the No. 1 TV show, and that kind of visibility. And it was very, very, very scary.”

Will you be sad to see Kara go?