Credit: Michael Yarish/ FOX Photo: American Idol 2013 Top 4.jpg

All eyes have been on the declining American Idol ratings and what the show is going to do about it. This Wednesday, ratings feel yet again, dropping the show to the lowest viewership since American Idol's debut season way back in 2001. Some critics are calling it the "worst week ever" on the series so far.

Yesterday, a huge story broke about the producers allegedly trying to pull a mid-season switcheroo, exchanging she of the meandering critiques Mariah Carey for she of more polished critiques, Jennifer Lopez. Alas, producers said it was much ado about nothing, but we have a sneaking suspicion that where there’s smoke there’s fire. This is especially true because there has been a ton of online buzz about a huge shakeup for next season that might include a complete revamp of the judges panel, host (gasp!), and format.

Despite the fact that everyone is up in arms about the American Idol ratings, the show still does always win Wednesday nights, and last night’s Top 4 performance show was no exception. Of course, as HitFix points out, there is certainly “reduced competition” on Wednesdays, as opposed to Thursday nights, when Idol goes up against CBS’ monster hit, Big Bang Theory and loses even to repeats of the show.  

Plus, even if it is still beating out the competition on Wednesdays, Rickey.org points out American Idol ratings declined a huge 6 percent from last week. That's just painful.

In the key demographic of adults 18-49 category, FOX averaged a 3.2 rating on Wednesday, which gave them a lead over CBS, who averaged a 1.9 rating. NBC had a 1.4 key rating, while ABC had a 1.3 and The CW had a 1.0.

As for overall viewers, FOX had an estimated 12.18 million. CBS had 7.79 million. NBC had 5.61 million viewers. ABC was fourth with 4.21 million viewers, and The CW was last with 2.74 million viewers.

What do you think — has American Idol run its course, or could the show gain more traction with a revamped format?

Source: HitFix.com, Rickey.org, TheWrap.com