Fans have been waiting with varying levels of patience for this news for nearly a year, since supermodel Heidi Klum and fashion designer Tim Gunn shocked the reality TV world by announcing their exit from the long-running hit "Project Runway."

They said at the time they'd be launching a new series on Amazon Prime's web streaming service, but nothing more was known about it -- until recently.

Amazon announced a few weeks ago that the show would be called "Making the Cut" and is slated to premiere in 2020 (they weren't generous with details).

The first season will feature "12 talented entrepreneurs and designers from around the globe who are competing to take their fledgling brands to the next level in becoming the next big global phenomenon."

If that sounds comfortingly "Project Runway"-esque, you'll be further comforted by the fact that Amazon shared photos from an episode that include a "runway challenge" in front of the Eiffel Tower in Paris.

Gunn and Klum won't have to do all the celebrity work on their own, either. The first season will feature judges including supermodel Naomi Campbell and former reality star (and now a fashion designer in her own right) Nicole Richie.

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