Reformed rockers Motley Crue are planning to follow Ozzy Osbourne's example, and stage a touring festival they'll headline, according to reports. Rock news website TheRockRadio.com claims the group is preparing to announce Cruefest next month.

Reports suggest that Buckcherry, Drowning Pool and Papa Roach have already signed on to perform on the inaugural Cruefest.

Motley Crue has refused to comment on the rumors, insisting only that "one of the biggest music announcements of the year" will be made in Los Angeles on April 15.

-Motley Crue Pictures

(This news article provided by World Entertainment News Network)