Steven Tyler Writing Song with Johnny Depp

Steven Tyler Writing Song with Johnny Depp

After Steven Tyler revealed to that he and Johnny Depp were planning to write a song together, Depp has confirmed that the pair is hard at work on a new track.

"We've been hanging out here and there," the actor told Extra at the "Pirates of the Caribbean: On Stranger Tides" on Saturday (May 7). "He's someone I've admired greatly for such a long time. The idea of writing songs with him is a dream come true."

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The Aerosmith singer said last week that he and the actor have been collaborating in his "American Idol" downtime. "He asked me, he said, 'I want you to come over' -- he's got a studio here in L.A. -- 'and see if I'm playing "Seasons of Wither" right.' I said, 'Y'know what, Johnny? No matter how you play it, it's gonna be right. It's a beautiful thing,'" said Tyler.

Tyler -- who also discussed his new autobiography, "American Idol" experience and his new solo single, "(It) Feels So Good" -- said that he would want Depp to play him in a movie version of his life. When asked about the hypoethetical casting, Depp said, "I'll give it a shot. Why not?"