Chrissy Teigen, Nicole Richie and Tyra Banks launching talk show - report

Chrissy Teigen, Nicole Richie and Tyra Banks are reportedly heading to daytime TV to host a new talk show.

The two models and reality TV star Richie have teamed up to launch The Fab, which will cover celebrity news, current events and lifestyle topics, according to OK! magazine.

Teigen, Richie and Banks shot the pilot for the show last week (ends17Aug14) and they are hoping to premiere it in the near future.

A source tells the publication, "Chrissy, Tyra and Nicole are all very witty and have no trouble expressing themselves. Plus, they're honest and willing to talk about their own real-life problems - and fans can relate to that."

All three have had experience hosting TV shows - Banks fronted her own talk and lifestyle show, Tyra, and oversees America's Next Top Model; Richie featured on The Simple Life and Fashion Star and currently stars in Candidly Nicole, and John Legend's wife Teigen hosts and judges TV series Snack Off!