OZZY OSBOURNE is currently in the studio in Los Angeles, California, co-producing his 10th studio album with Kevin Churko.

The new CD is the rock and roll legend’s follow-up to 2007’s Black Rain which debuted in the Top Ten on the album charts in 11 countries and spawned Ozzy's first ever #1 active rock track, 'I Don’t Wanna Stop' (which also sat atop the Heritage Rock chart for more than 20 weeks).

The two-time Grammy Award winner has decided that he will not be touring until he has a new album in-stores (currently projected to be Thanksgiving 2009). Thus, Ozzy has decided to put his namesake festival OZZFest on hold this year.

As previously reported, Fox Broadcasting has posted a preview for The Osbournes: Reloaded, the new variety-style show starring Ozzy, wife/manager Sharon, and their children Jack and Kelly. Check out the clip below...

Theweek.com recently reported:

No variety show has succeeded on broadcast TV since The Carol Burnett Show went off the air in 1978, said McClatchy Newspapers’ Robert Philpot in Macon.com, so Fox is taking a gamble with The Osbournes: Reloaded, which features “the bat-biting BLACK SABBATH vocalist” Ozzy Osbourne and his "unconventional" family playing pranks on audience members and breaking into song. But “Rosie O'Donnell tried it. Wayne Brady tried it. Even Jessica Simpson and Nick Lachey tried it.” Why not Ozzy?

If The Osbournes: Reloaded can succeed anywhere, it’s on Fox, said Lacey Rose in Forbes. “From lie detectors ending marriages, swimsuit models behind news desks and self-conscious women undergoing plastic surgery for the camera, the edgy News Corp.-owned network remains ready—even eager—to do whatever it takes to keep America rubbernecking for ratings."

Read more here.