Newswire: Giuliana Rancic will no longer deliver the hard-hitting E! News

E! Online reports that its own Giuliana Rancic is departing E! News. Rancic made a statement thanking E!, and mentioned her future endeavors, which will involve the cable network as well as wine and clothes:

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. 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.

Those “major franchises” are Live From the Red Carpet and Fashion Police, which, respectively, interview celebrities about their awards-show clothing choices, then mock those choices behind their backs.

While not on the level of Brian Williams making shit up because it sounds cool …

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