And the search for the third judge on "American Idol" continues.

Contrary to previous reports, The Hollywood Reporter announced Monday that music producer Dr. Luke will not be joining Keith Urban and the returning Jennifer Lopez on "Idol"'s judges' panel due to a conflict of interest.

Luke, aka Lukasz Gottwald, has been signed with Sony Music since 2011, and therin lies the problem, since he would have to develop talent for competing music group Universal as an "American Idol" judge.

According to a source, Luke realized that the commitment would be too time-consuming.

"Luke wants to build an entertainment company," a source told THR, adding, "after a lot of conversations, both Luke and Sony Music CEO Doug Morris came to the mutual agreement that taking Dr. Luke out of the Idolrunning was the best thing for all parties."

Dr. Luke is best known for his contributions to such hits as "Since U Been Gone" by Kelly Clarkson, "Tik Tok" by Kesha and "California Gurls" by Katy Perry.

Fox has yet to comment.