The former supermodel co-starred with troubled starlet Lindsay Lohan in the made-for-TV film in 2000. When asked whether Lohan would be back for the sequel, the America's Next Top Model host said she didn't know.
"So, Life-Size was a movie I did with Lindsay many years ago, when she was 11 years old," Banks explained before Cohen quipped that everyone is familiar with the film.
"We're doing Life-Size 2," she continued. "This time I'm executive producing it and we're in the process of writing it."
"Right now, we haven't spoken to Lindsay, but you never know," she added.
"I don't know if I would," Banks said after explaining that she rejected the idea a few years back because she wanted to be taken seriously as a talk show host. "Every time I see them I feel like we have a connection, because were like the OG original angels."