Cheer will follow cheerleader coach Patty Ann Romero and her team of 20 athletes who aim to compete at the world championships, reports Deadline.
The show is currently in production, and will air in September at the same time as the seventh season of CMT's Dallas Cowboys Cheerleaders: Making The Team.
The show will also focus on the lives of the teenage girls as they try to balance the gruelling fitness schedule and school work.
"Kelly and Mark's passion for this project, along with the sport's universal appeal, make this a fantastic project for CMT," said the network's Jayson Dinsmore. "This series, paired with the powerhouse Dallas Cowboys Cheerleaders, promises to be the next breakout hit on the network.
"Having been a cheerleader, I know all too well what these girls give up to join forces and compete," said Live! host Ripa. "After meeting Patty Ann we knew her programme was the perfect place to show everyone what it's all about."
Kelly Ripa recently revealed that she enjoys being a housewife and looking after husband Consuelos.