Tyra Banks: Why I Fired Paulina Porizkova

"The current state of the economy has forced shows to make major budget cuts industry wide," says America's Top Model executive producer Ken Mok, in a joint statement with Tyra Banks released Monday. "America's Next Top Model is not immune to these financially challenging times. We've had to make significant cuts in every area of the production and, unfortunately, Paulina was a casualty of these cuts."

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