UNIVERSAL CITY, Calif. - It turns out the rampant rumors were true after all.
NBC confirmed Wednesday that Jay Leno, longtime host of "The Tonight Show with Jay Leno," will wrap up what will be 22 years of headlining the iconic late-night show in Spring 2014. He will be replaced by Jimmy Fallon, now host of NBC's "Late Night with Jimmy Fallon."
As part of the transition, "The Tonight Show" will be returning to its original home in 30 Rock in New York and will be executive-produced by Emmy Award winner Lorne Michaels ("Saturday Night Live," "30 Rock").
"Congratulations Jimmy," Leno said in a written release. "I hope you're as lucky as me and hold on to the job until you're the old guy. If you need me, I'll be at the garage."
"I'm really excited to host a show that starts today instead of tomorrow," Fallon said, referring to the earlier time slot held by "The Tonight Show."
Leno has hosted "The Tonight Show with Jay Leno" since taking over the reins from television icon Johnny Carson in 1992, but the social media buzz that surrounds Fallon's show and its younger demographic had many speculating that Leno's time was up.
On Monday night, just two days before the announcement of the Leno-to-Fallon transition, the two appeared in a video spoof singing a reworked version of "Tonight" from West Side Story.
NBC did not say who will replace Fallon in his current time slot, which is one hour later than the "Tonight Show."
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