Giuliana Rancic Leaving E! News

It's the end of an era at E!

Giuliana Rancic announced Wednesday that she is stepping down as an anchor for E! News, but will stay on at the network as co-host of E!'s Live From the Red Carpet and Fashion Police.

"For more than a decade, I was fortunate enough to play a role in the success of E! News and will miss my family at the show," Rancic said in a statement. "At the same time, I am excited to not only continue as host of two major franchises on E! but also executive produce the aspirational new show Rich in Faith for Oxygen as well as take my wine and clothing lines to the next level.

She added, "This is such a thrilling time for me and I thank the gang at E! for understanding my desire to embark on this next chapter in my life."

And Adam Stotsky, E! general manager and president of Esquire Network, said in a statement, "During her time here, Giuliana played an instrumental role in building E! News into a global entertainment news powerhouse and, while we will miss seeing her on set every day, we are delighted to continue to work with her on Fashion Police and Live From the Red Carpet."

Source: Eonline.com