05/01/2012 05:48 pm ET Updated May 01, 2012

'The X Factor:' Miley Cyrus A Potential Judge (REPORT)

Miley Cyrus may be heading to a party in the "The X Factor" U.S.A.

According to Celebuzz, Simon Cowell reportedly has his eye on Cyrus as a judge for Season 2 of Fox's "The X Factor." Meanwhile, Demi Lovato is nearing a deal to appear on the judge panel, according to The Hollywood Reporter.

Britney Spears, Janet Jackson, Fergie and LeAnn Rimes' names were also tossed around as possible judges after Paula Abdul and Nicole Scherzinger weren't asked back for the second season of "The X Factor." While Jackson and Fergie have said they will not be a part of the show, Spears and Rimes are seemingly still possibilities.

THR reports Lovato would sit alongside Spears, Cowell and L.A. Reid if her deal closes. reports that after some negotiation, Spears may be agreeing to a salary of $15 million.

And Rimes' husband Eddie Cibrian confirmed the discussions. "They've been talking," he told Extra. "I have no idea what's going on with that. I think they've been talking to a lot of people."

Cowell is also on the lookout for two new hosts to replace the axed Steve Jones. While Darren Criss reportedly turned down the gig, actress and former pro wrestler Stacy Keibler is on his radar.

For more on Miley Cyrus' possible appearance on "The X Factor," click over to Celebuzz.