The CW has announced Stylista, a new reality competition series for aspiring fashion magazine editors, will air Wednesdays at 9PM ET/PT as part of the network's Fall 2008 primetime programming lineup.

Stylista is a collaboration by Project Runway developer Eli Holzman and executive producers Jane Cha and Desiree Gruber and America's Next Top Model creator Tyra Banks and executive producer Ken Mok.  The new fashion magazine-focused reality series will air this fall immediately following Top Model eleventh-season broadcasts on Wednesdays at 8PM ET/PT.

Billed as "The Devil Wears Prada reinvented as a reality series," Stylista will begin with 11 fashion enthusiasts.  Each week they'll compete in two different challenges -- an assistant task and a fashion editorial assignment. 

Elle fashion news director Anne Slowey -- who has previously appeared on Project Runway as a guest judge -- and the magazine's creative director Joe Zee will serve as Stylista mentors, with Slowey responsible for eliminating a contestant each week.

Stylista's grad-prize winner will receive a paid, year-long Elle editorial position; a paid lease on a Manhattan apartment for a year; and a $100,000 clothing allowance at H&M.

The CW ordered the eight-episode series earlier this year.  Stylista is produced 10 by 10 Entertainment, Inc. and Bankable Incorporated in association with Magic Molehill Productions, Inc. and Warner Horizon Television Inc., with Banks, Mok, Holzman, Gruber and Cha all serving as executive producers.