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Giuliana Rancic leaving E!'s Live From the Red Carpet

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Giuliana Rancic is leaving E!'s red carpet shows. The 46-year-old presenter has been a stable at awards ceremonies for the last 20 years, but she's now ready to pursue her passion for "great storytelling" and has signed a development deal with the broadcaster's parent company, NBCUniversal.

She announced on Instagram: "After 20 fabulous years hosting E!’s red carpet, I have decided to step out of my red carpet heels into a new pair of shoes. “One of my passions is great storytelling and I am thrilled to announce a new development deal with E!’s parent company NBCUniversal where I will be producing and bringing stories to life.

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