Tyra Banks has officially pulled out of FABLife, her syndicated daytime show less than 3 months after its on air premiere. In a statement released to The Hollywood Reporter, Banks said that she wanted to scale back on her daytime duties in order to focus on her cosmetics line. "This is a very difficult decision, but necessary...I will be devoting more time to my new, growing cosmetics company, TYRA Beauty, which is expanding faster than anticipated, as well as overseeing my company's other entertainment ventures. I will, however,continue to support the growth and success of FABLife and greatly admire my fellow co-hosts and the talented production team behind the show," she said in the statement. The panel will continue to include supermodel Chrissy Teigen, fashion editor Joe Zee, interior designer Lauren Makk and YouTube star Leah Ashley; there are no plans to replace Banks. She will continue to appear on the show a few times a week through December, will make occasional appearances on the show throughout the season and of course continue to act as executive producer. Banks also is working on a series for Disney Channel called Life-Size 2 and she he also just wrapped a guest stint on ABC's Black-ish. And as we previously reported, her hit show America's Next Top Model, will wrap in December after 12 years. FABLife, one of the few new daytime offerings this fall, has been a modest ratings performer thus far. It remains to be seen how much Banks' exit will impact the series.