Jennifer Lopez teams up with Taylor Swift for musical collaboration

Taylor Swift left, performs the fourth of a four-night run of sold-out shows in Los Angeles as part of her Red World Tour, with special guest Jennifer Lopez, right. The two will now collaborate on a song for Lopez’s new album.

Jennifer Lopez and Taylor Swift are said to be linking up in the studio to record a song together for the "On the Floor" singer's new album, reportedly slated for release in November.

"Both of them are huge fans of each other and excited to work together!" a source told Us weekly.

The 23-year-old "I Knew You Were Trouble" singer brought Lopez, 44, on stage for her final Red Tour show at Los Angeles' Staples Center and the two reportedly finalized their plans for a duet after the performance.

"Sang Jenny From the Block with @JLo tonight at Staples Center," Taylor tweeted after the show. "STILL FANGIRLING OUT ABOUT IT."

"@taylorswift13 had so much fun with you tonight!!! #RedTourLA #jennyfromtheblock #hairbrushsongs," Lopez tweeted in response.