Chip and Joanna Gaines Are Returning to TV—Just Not In the Way You Think

If you’ve been mourning the loss of new “Fixer Upper” episodes since Chip and Joanna Gaines wrapped their popular HGTV empire earlier this year, we have great news for you. The Texas twosome were on “The Tonight Show with Jimmy Fallon” on Friday, and announced a return to TV—but bigger than just a new show.

Joanna teased the appearance (and the news) on Instagram, saying, “Ummm @chipgaines may or may not have gotten a little ahead of himself and let the cat out of the bag about something big.”

And big it is: The pair are getting not just a new show, but a whole new network.

“We signed a non-disclosure and it said quote unquote you can tell your mother but that’s it,” Chip said to Fallon after he asked about if they’ll ever go back to TV. “So mom, I just wanted to make a quick announcement, we are coming back to television. You are going to get to see the kids grow up, you are going to see us, well maybe a six-month delay like the rest of the world, but we are excited to be back.”

According to a statement from a Magnolia spokesperson to PEOPLE, the network will be under the Discovery umbrella, which also owns HGTV. It’s “currently in the early stages,” but will be a “lifestyle media network” and “a different kind of platform for unique, inspiring and family-friendly content.”

No premiere dates or programming have been announced, but if it’s anything like another familiar-faced network (Oprah’s OWN), there will be a mix of content starring the Gaineses and some without.

It’s been a big year for the Waco-based moguls; after announcing the end of “Fixer Upper” at the end of 2017, they promptly launched their Target collaboration, Hearth & Hand with Magnolia. Then, Joanna gave birth to their fifth child, Crew, in June, and she just released her new design book, “Homebody,” this month.

We’ll be sure to keep our eyes peeled for more Magnolia network news, but for now, there’s plenty of “Fixer Upper” reruns on HGTV.