'Fashion Police' Will Reportedly Hire New Co-Hosts Contrary To Rumors Of Cancellation [UPDATE]

'Fashion Police' Will Reportedly Recast Open Roles
WEST HOLLYWOOD, CA - FEBRUARY 19: (L-R) Television Personality Brad Goreski and Television Personality Giuliana Rancic attend G By Giuliana Rancic For HSN Private Press Preview & Trunk Show on February 19, 2015 in West Hollywood, California. (Photo by Ari Perilstein/Getty Images for HSN)
WEST HOLLYWOOD, CA - FEBRUARY 19: (L-R) Television Personality Brad Goreski and Television Personality Giuliana Rancic attend G By Giuliana Rancic For HSN Private Press Preview & Trunk Show on February 19, 2015 in West Hollywood, California. (Photo by Ari Perilstein/Getty Images for HSN)

UPDATE: In a statement released Tuesday, E! announced "Fashion Police" will be going on hiatus until September:

E!’s comedy series “Fashion Police” is going on hiatus and will return in September. We look forward to taking this opportunity to refresh the show before the next awards season. Our talented co-hosts Giuliana Rancic and Brad Goreski, along with Executive Producer Melissa Rivers, will continue their roles as we evolve the show into its next chapter for the legions of “Fashion Police” fans around the world.

PREVIOUSLY: Despite losing co-hosts Kathy Griffin and Kelly Osbourne, the show will reportedly go on for "Fashion Police."

Sources told TMZ that executives at E! plan to recast the open spots to possibly create a new show with the same concept.

It's a different story from what "multiple sources" were reportedly telling the New York Daily News after Griffin suddenly quit on Thursday. Despite the fact that the network issued a statement saying "'Fashion Police' will return as scheduled, on Monday, March 30 at 9pm," with co-hosts Giuliana Rancic and Brad Goreski and Executive Producer Melissa Rivers, it didn't stop sources from claiming that Griffin's sudden exit had E!'s execs considering canceling the show altogether.

As for reports of recasting, before Griffin's departure there were rumors that NeNe Leakes, Khloe Kardashian, Chrissy Teigen and Amber Rose were being considered for Osbourne's job. There's currently no word on who could replace Griffin.

Reps for E! were not immediately available for comment.

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