Jay Leno

It's been a rumor fo some time, but now it's official: Seth Meyers will replace Jimmy Fallon as the host of NBC's 'Late Night' next year.

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After weeks, months, even years of speculation, Jimmy Fallon is officially set to take over 'The Tonight Show' from longtime host Jay Leno, moving production of the legendary NBC late-night series to New York in 2014. The speculation had reached a boiling point in recent weeks, with the NBC late-night comedians even playfully joking about the matter, before NBC officially decided to confirm the transition. So when can we expect 'The Tonight Show with Jimmy Fallon?' Find out the details of late night's future inside!

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For weeks, even months now we've heard the buzzing rumors all-but-confirming that Jimmy Fallon would take over NBC's 'Tonight Show' from Jay Leno, with 'SNL' vet Seth Meyers likely to replace Fallon as the host of NBC's 'Late Night.' Leno and Fallon even collaboratively joked about the transition on April Fools, but has Jimmy Fallon's 'Tonight Show' takeover been officially confirmed? Hear the latest chatter inside!

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The future of late night could look very different in a few years, if rumors of Jay Leno's retirement and Jimmy Fallon's ascension as host of a New York-based 'Tonight Show' prove true. And while both the 'Tonight Show' and 'Late Night' hosts have taken a few playful jabs at NBC and the rumors, April Fools gave the pair their best spotlight yet, performing a lip-synced duet of "Tonight, Tonight" in between the shows. Have a look inside!

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Far-flung a future as it might seem to imagine Jimmy Fallon at the helm of 'The Tonight Show' in New York by the year 2014, it's even stranger to consider the next generation of late-night wars being set up. If indeed Jimmy Fallon leaves behind NBC's 'Late Night' for 'The Tonight Show' at any point in the future, who might replace him in the subsequent slot? Is 'SNL' veteran and current head writer Seth Meyers on the short list?

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Years after 'The Tonight Show' debacle between Jay Leno and Conan O'Brien has fallen off our radars, recent rumblings have all-but-confirmed that 'Late Night' host and 'SNL' alum Jimmy Fallon will take the 'Tonight Show' mantle from Leno in 2014. Now, recent reports have surfaced that Fallon will not only replace Jay Leno next year, but that 'The Tonight Show' will return to its original home in New York City as well! Find out if the rumors are true inside!

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For as much as we've enjoyed Conan O'Brien's role as the host of his own TBS show 'Conan,' Jimmy Fallon's increasingly strong work on 'Late Night,' and even Jay Leno's seemingly peaceful return to 'The Tonight Show,' a new storm on the late-night front might be brewing. Some sources are saying that NBC executives have quietly begun searching for Fallon's replacement, in which case Fallon would take over for Leno as host of 'The Tonight Show' in the next few years. Is there any truth to the rumor?

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Marcy, NY (WIBX) - "Tonight Show" host Jay Leno is taking a five million dollar pay cut to help save jobs for his fellow staffers as Comcast, the parent company of NBC Universal, which owns "The Tonight Show," attempts to pare down the show's budget.

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Los Angeles, CA (WIBX) - Through a spokesmen Jay Leno says his "foremost concern is for the wonderful people who work for 'The Tonight Show.'"  And he is putting his money where his mouth is.

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Marcy, NY (WIBX) - Jay Leno is taking what is expected to be a $5 million pay cut to save the jobs of fellow employees of NBC's "The Tonight Show with Jay Leno."  The network is making "across the board" cuts which threaten to jeopardize jobs.

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