The TV Guide Channel has replaced veteran red carpet fashionistas Joan & Melissa Rivers with Lisa Rinna.

The former “Dancing With the Stars” finalist has signed a multi-year contract with the network. Lisa will host five red carpet pre-shows and five fashion recap shows, beginning with the Emmy Awards in September, as part of the deal.

TV Guide says they chose L.R because, “In addition to being an established TV star, she also has fashion expertise as both a business person and commentator, so she is a great fit for this role and for our brand.” She owns two L.A. area boutiques called Belle Gray.

The network released a statement saying, “TV Guide Channel is very appreciative of Joan and Melissa Rivers’ contributions to the success of our Red Carpet programming over the past three years. We wish them the best in their future endeavors.”

Joan Rivers says: “I will tell you my true feelings and experiences, as soon as we finalize our new deal.”

Joan, who invented red carpet fashion reporting, and daughter Melissa had been with TV Guide since January 2005, after leaving E!