MTV has announced plans to revive "Fear Factor," a reality series that ran on NBC from 2001-06 and again from 2011-12. Ludacris will take on duties as host, replacing Joe Rogan. Ludacris will also serve as an executive producer.MTV has ordered 12, one-hour episodes.The show premieres May 30. The new installment will feature new stunts inspired by urban legends, popular scary movies and viral videos from today’s cultural zeitgeist. Fear Factor contestants are forced to confront their fears, be pushed beyond their comfort zones and take action against some of their biggest stressors. In each episode, contestants will pair up into four teams, battling it out for $50,000 and Fear Factor bragging rights according to Deadline.