Sheeran: Noam Galai/WireImage; Migos: David Becker/Getty Images for iHeartMedia

If you haven't heard the news, MTV is officially bringing back TRL and they've just announced the first guests that will kick off the new era. Ed Sheeran and Migos are confirmed to perform on the premiere episode, which will air next week.

It will be interesting to see if they actually plan to perform with each other, as Sheeran typically does with his favorite rappers. TRL will air live weekdays at 3:30 p.m. ET from MTV’s newly expanded Times Square studio. Rapper and actor D.C. Young Fly is set as the main host alongside the show’s “squad": Tamara Dhia, Amy Pham, Erik Zachary, Lawrence Jackson, Liza Koshy and The Dolan Twins. The original show that we all grew up with originally aired from 1998 to 2008.

According to a press release, the show wants to target a younger audience and “will integrate linear, social and digital elements and bring teen passion points to life, while continuing to incorporate audience requests." Look out for the TRL revival's premiere on Oct. 2. Next up, throw it back to this classic Ed Sheeran interview with Fuse below: