Chance The Rapper is booked and busy.

He is reportedly in negotiations to join the cast of Warner Bros.’ live-action Sesame Street movie, according to Collider. If the deal goes through, Chance will join Oscar winner Anne Hathaway and will reportedly play the Mayor’s aide.

In the Sesame Street movie, the characters are mysteriously expelled from their neighborhoods. They have to rely on the history show host Sally Hawthorne, played by Hathaway, to prove that Sesame Street actually existed.

The Chicago native is also the host of the 2020 Nickelodeon Kids’ Choice Awards.

“It’s a huge honor and a big deal,” he tells PEOPLE exclusively. “I’d watch Nickelodeon — it was channel 54 here — it was all I watched, and I watched crazy, super amazing people host my whole life. To be able to be in that world is like a fantasy.”

Chance isn’t the only one excited about the opportunity. His daughters are just as excited to tune in to see their father on the big day.

“My oldest daughter is excited whenever I’m on TV, and my youngest daughter is excited whenever anything happens, so there will be some smiles in the house for sure,” he says.

The “No Problem” rapper is also the new host for MTV’s reboot of “Punk’d.”

He announced the news via Instagram with an official teaser for the new season of the show, which will exclusively air on Quibi. He captioned the post, “I got a new job. I’m hosting PUNK’D on @quibi NO ONE IS SAFE.” In the video, you see Chance playing a prank on Megan Thee Stallion. The prank involves a gorilla and you can clearly see that Megan is scared out of her mind.

In a press release, Chance said “‘Punk’d’ is one of MTV’s most iconic franchises. I grew up watching this show and it’s surreal to be in the driver’s seat this time around on Quibi.”

The reboot of “Punk’d” will be comprised of episodes that are “bite-sized cuts.” The full list of celebrities that were pranked will be released soon. The new episodes air on Apr. 6 on the Quibi streaming service.

The Sesame Street movie is expected to hit theaters Jan. 15, 2021.