'American Idol' Bidding War Between FOX and NBC

3/28/2017 10:19 AM PDT

EXCLUSIVE

0328-american-idol-getty-01NBC and FOX are going full bore against each other to bring “American Idol” back. 

We’re told both networks have submitted bids to FreemantleMedia — which owns the show — and a decision could come as early as this week.

Multiple sources familiar with the situation tell TMZ … NBC wants the show in part to resolve a problem with “The Voice.” We’re told the network doesn’t want to oversaturate the market with the show, which airs twice a year. We’re also told Adam Levine only wants to do 1 cycle a year.

If NBC gets ‘Idol,’ it would rotate ‘A.I.’ with “The Voice” and each would air once a year.

We’re also told NBC has Ryan…

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