J.Lo is going to be a judge on Idol?

Amidst all of the constant speculation going around about who will be the next American Idol judge, an insider has told PEOPLE that singer/actress Jennifer Lopez has landed the job! According to the source, she’s thrilled about the news.

“It’s true. She’s excited about it.”

This comes at great timing since Ellen DeGeneres announced her departure from the show yesterday.

Congrats Jenny!