A source told PEOPLE that discussions with Kardashian, 30, are already underway, and that Giuliana Rancic would like to see the Keeping Up with the Kardashians star to join the show.
Kardashian is hardly a stranger to red carpet kommentary. She was one of several E! personalities that the network dispatched to the Oscars for its pre-show coverage. She also did a stint on E! News from 2013-14, in addition to starring in her own spinoff Kourtney & Khloé Take the Hamptons.