UPDATE: NBC Sets ‘Tonight Show’ Transition With Jimmy Fallon Taking Over In Spring 2014

Jimmy Fallon Talks ‘Tonight Show’ Timeline

UPDATED WRITETHRU: After months of speculation, a slew of news stories, a ton of late-night jokes and a Jay Leno-Jimmy Fallon duet, NBC has set a date for Leno’s departure from The Tonight Show and officially anointed Fallon as the new host of the venerable late-night franchise. Leno will depart in spring 2014 after 22 years. The Tonight Show With Jimmy Fallon will be based in New York, where the show originated, and be set at the 30 Rock studio that now houses Fallon’s Late Night; the studio is undergoing renovation that is slated to be completed in 2014 in time for the Tonight Show relaunch. The Tonight Show With Jimmy Fallon will be executive produced by Lorne Michaels, marking the first time the Saturday Night Live and Late Night executive producer has been in charge of NBC’s flagship late-night show.

Related: Lorne Michaels: The Real NBC Late-Night King

The timing of the Leno-Fallon changeover mirrors the events of 2009, when Leno handed The Tonight Show to Conan O’Brien in late May. This time around, the transition will be earlier (likely in February), taking advantage of NBC’s broadcast of the Sochi Winter Olympics, something NBCUniversal CEO Steve Burke alluded to in today’s announcement (see it below). Ironically, NBC used the previous Winter Olympics in 2010 as a launching pad for Leno’s return to The Tonight Show after a nine-month hiatus. “Congratulations Jimmy,” Leno said today, keeping with the friendly relationship he and Fallon had been projecting. “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.” Said Fallon: “I’m really excited to host a show that starts today instead of tomorrow.”

Related: Letterman Slams NBC & Jokes About Jay Leno’s Departure

Like the first time he was pushed out of The Tonight Show, Leno will likely leave while on top, as Tonight Show has consistently been ranking as the No. 1 late-night program despite NBC’s woeful primetime ratings in the first quarter. As for Late Night, Saturday Night Live’s Seth Meyers has been in discussions to replace Fallon when he moves to 11:30 PM and appears on track to succeed him. Both Fallon and Meyers honed their skills behind the anchor desk of SNL‘s Weekend Update. Michaels will remain as executive producer of SNL in addition to his exec producer duties on Tonight and will likely also stay on as exec producer of Late Night, especially if Meyers closes a deal as host.

Related: Speculation On NBC’s Jay Leno-Jimmy Fallon Transition Intensifies

Today’s announcement comes on the heels of Fallon signing a new deal with NBC. Leno’s contract with the network is up in September 2014. Here’s NBC’s release:

UNIVERSAL CITY, Calif. – April 3, 2012 – Jay Leno, longtime host of NBC’s “The Tonight Show with Jay Leno,” announced today that he will wrap up what will be 22 years of headlining the iconic late-night show in Spring 2014. NBC also announced today that Jimmy Fallon, now host of NBC’s “Late Night with Jimmy Fallon,” will transition into new hosting duties on “The Tonight Show” franchise after Leno concludes his successful run.

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”). Programming plans for the 12:35 a.m. (ET) time period currently are in development and will be announced soon. Said Leno: “Congratulations Jimmy. 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.”

Said Fallon: “I’m really excited to host a show that starts today instead of tomorrow.”

“Jay Leno is an entertainment icon, making millions of people laugh every weeknight for more than 20 years,” said Steve Burke, Chief Executive Officer of NBCUniversal. “His long reign as the highest-rated late-night host is a testament to his work ethic and dedication to his viewers and to NBC.

“We are purposefully making this change when Jay is #1, just as Jay replaced Johnny Carson when he was #1. Jimmy Fallon is a unique talent and this is his time. I’m thrilled he will become the sixth host of ‘The Tonight Show’ at exactly the right moment, in conjunction with our coverage of next year’s Winter Olympic Games from Sochi, Russia.

“I also want to congratulate and thank Debbie Vickers and her ‘Tonight Show’ team for producing an entertaining, first-class show every night for the past two decades. Debbie’s role in the creative and popular success of this franchise cannot be overstated.”

Leno has hosted “The Tonight Show with Jay Leno” since taking over the reins from television icon Johnny Carson in 1992.

“The Tonight Show with Jay Leno” has ranked #1 ahead of its ABC and CBS time-period competition in 18-49 viewers and total viewers for each season since Leno’s return in March 2010 and for the 14 seasons before his departure in May 2009. During the current season, “Tonight” is consistently #1 versus its ABC and CBS slot rivals, averaging a 0.8 rating, 3 share in adults 18-49 and 3.5 million viewers overall.

At 12:35 a.m. ET, “Late Night with Jimmy Fallon” has consistently ranked #1 in 18-49 versus the time period’s ABC and CBS competition each season since debuting in March of 2009 and has also held the advantage over CBS’s “Late Late Show with Craig Ferguson” in total viewers for the last three seasons. So far during the 2012-13 season, “Late Night” is averaging a 0.5 rating, 3 share in adults 18-49 and 1.7 million viewers overall.

Before Leno became the host of the top-rated “The Tonight Show with Jay Leno,” he honed his comedy in clubs all over the country often exceeding 300 dates per year. He opened for the likes of Tom Jones and John Denver and after moving to Los Angeles began his career in television and film, both writing behind the scenes and making appearances in shows such as “Welcome Back Kotter” and films including “American Hot Wax.” On March 2, 1977, Leno made his first appearance on “The Tonight Show Starring Johnny Carson” and was named permanent guest host in 1987. While he took over the desk full-time in 1992, Leno never stopped touring on the comedy circuit and still averages over 150 gigs a year.

Emmy and Grammy Award winner, Fallon began his TV career with “Saturday Night Live” in 1998, where he quickly became an audience favorite. Known for his spot-on impressions, innovative musical and comedy sketches and his stint as co-anchor of “Weekend Update” with Tina Fey, Fallon spent six successful years on the show. In March 2009, Fallon returned to NBC and took over the late- night legacy with “Late Night with Jimmy Fallon.” The show has continued to garner attention for its viral videos, audience games, A-list guests, and Fallon’s choice of critically acclaimed house-band, The Roots.

In just four years on air, Fallon and the “Late Night” team have already begun collecting awards. Most recently, Fallon was honored with his second consecutive People’s Choice Award for Favorite Late Night Host (2012 and 2013) and the show received the 2012 Critics’ Choice Television Award for Best Talk Show. “Late Night” was celebrated with a 2012 Emmy Award nomination for Outstanding Variety Series and earned three Emmy nominations in 2011, including the show’s first nominations in the series and writing categories. The year prior, Fallon earned an Emmy for the show’s website in the Interactive Media category and received the “Webby Person of the Year” Award in 2009. Fallon received a 2013 Grammy Award for Best Comedy Album after releasing “Blow Your Pants Off” in 2012, a musical comedy album featuring song parodies written and performed on “Late Night.”

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