DIY Network will cease to exist, when the

By

Mackenzie Schmidt

April 10, 2019 06:22 PM

The DIY Network will shutter in 2020 to make way for Chip and Joanna Gaines‘s new channel. But what will happen to all of its shows?

Discovery Inc., the parent company of HGTV and DIY Network, announced on Wednesday, that the much-buzzed-about venture from the

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This means that the launch of the Gaines’s yet-to-be-named network also officially marks the end of DIY, a representative for Discovery confirms to PEOPLE.

RELATED: Chip and Joanna Gaines’ New Cable Network Will Replace Discovery’s DIY Network in Summer 2020

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“More information about programming for the new Magnolia network will be announced in the coming months, but this will be a total rebrand,” a source tells PEOPLE exclusively. “All of the content for the new network will be inspired by Magnolia and curated by Chip and Joanna,”

In the mean time, however, the Discovery rep says, “DIY Network will continue with great premiere content, just as audiences have always enjoyed it.”

It’s not clear whether any of DIY’s current shows will find a home on Chip and Joanna’s network or other Discovery Inc.-owned channels like HGTV or TLC.

Some of the biggest stars currently associated with DIY Network are Rob “Vanilla Ice” Van Winkle of

Jeffrey A. Remas

However, Curtis confirmed to PEOPLE on Wednesday that she

Jason Miller/AP

Clint Harp, the Gaineses’ go-to carpenter, who made regular appearances on

Representatives for Van Winkle and Harp did not immediately reply to PEOPLE’s request for comment

Chip and Joanna announced they would end

“With our little ones getting bigger, we had this gut feeling that it was time to step back and focus on them and our businesses here in Waco, Texas. And although that’s why we thought we decided to step away from the show, we now realize with this little one on the way that there was a bigger plan in place for us all along,” Joanna wrote in a farewell message after the series finale.

Andrew Lipovsky/NBC

However, less than a year later, they revealed they had something even more demanding in the works: plans to create their own channel under the Discovery Inc. umbrella. They shared the news on the

The couple will be co-Chief Creative Officers for the network and the new shows will center around “community, home, garden, food wellness, entrepreneurialism and design,” according to Discovery release.

RELATED: J.Lo Invites Joanna Gaines to Tour Her New Home After She ‘Fangirled’ Over the 

“Our goal for this multi-platform media company is to deliver a unique, inspiring and family-friendly content experience rooted in honesty and authenticity — the kind of programming that helps bring people together,” Magnolia spokesperson John Marsicano tells PEOPLE in a statement. We believe Discovery is the perfect partner for this joint venture and we are excited for what lies ahead!”

Chip and Joanna spoke on stage at Discovery Upronts in New York City on Wednesday to express their excitement and give some hints about what’s to come.

“Our hope with this network is that it really feels like home,” Joanna said. “I think when people come, they’ll find what they were looking for. Whether its design, gardening, cooking — that it resonates with people. We hope that people come, sit and they stay a while.”

Added Chip, “I can tell you that if you all will give us another chance, support us like you’ve done the last 6 or 7 years, we have a funny feeling that you won’t be disappointed. We couldn’t be more excited.”

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