Joan Rivers, 73, and her daughter Melissa, 37 launched TV Guide Channel's red carpet programming in 2005. After three years Joan Rivers is being replaced. Lisa Rinna, recently seen on "Dancing with the Stars", will replace Rivers when the programming airs in 2008.
TV Guide Channel's president, Ryan O'Hara, thanked Rivers for having helped establish the success of the programming and wished her the best of luck with future endeavors. Joan isn't saying much as she released a statement that she will talk about it when the deal is finalized.