YouTube isn't lacking in amateur (often amazing) covers of existing songs, but Ryan Seacrest himself reckons that covers, "are a terrific vehicle to help discover fresh talent." For the video site, it gets to taps into those magical early years of YouTube, when users believed they had a chance of making it by putting themselves out there with a modicum of talent, an acoustic guitar and a low-res webcam. Is it still even possible to get famous through only a well-received cover track? We'll see.

Artists that have already signed up for the show include the Backstreet Boys, Demi Lovato and Jason Derulo -- most of which I have heard of. Future stars can submit their covers of "As Long as You Love Me," "Confident" and "Trumpets" by May 19th right here, although the company hasn't announced a launch date for the series. More musicians are set to be announced in the coming weeks.