She's Baaaaack! Tyra Banks Returning as Host of 'America's Next Top Model'

VH1 announced Thursday the supermodel will return to the reality show for a new season going into production this summer. Banks and Ken Mok will continue as executive producers. Panelists will be announced at a later date.

"I'm overwhelmed and humbled by the intensity of the 'ANTM' fan base whose deep affection for the show led me to have a change of heart. After giving it a lot of thought, I realized that remaining behind the camera wasn't enough because 'ANTM' is woven into my DNA," said Banks in a statement.

"Tyra has always been the heart and soul of the franchise and her absence was deeply felt by our fiercely loyal fans who missed their Queen of the Smize. We'd like to thank Rita Ora for being a great partner and total pro. She infused this new iteration of 'ANTM' with passion and creativity and we wish her nothing but the best in her future endeavors," Mok added.

Ashley Graham, Drew Elliott and Law Roach were on the judging panel for the re-launched show with Ora, which aired on VH1 after 22 seasons on both UPN and The CW with Banks.

Banks thanked Rita for her work on Twitter, with Ora responding:

The announcement comes after Banks replaced Nick Cannon as the host of "America's Got Talent" as well.

"Since I was a little girl, I've been obsessed with grandiose acts and performers who make the seemingly impossible possible," Banks said of her "AGT" gig. "I love how AGT brings that feeling into everyone's home, capturing the best of people who come out and give it their all to make those big, fierce and outrageous dreams come true."