The Hollywood Reporter hears from a well-placed source that NBC has closed a deal to have Jimmy Fallon inherit The Tonight Show from Jay Leno. (Despite the fact we explained exactly why it's crazy! The gall!) "Still not clear is when exactly Fallon will take over Tonight. THR’s source says some NBC execs want to launch Fallon’s New York-based Tonight in February  during network's highly-rated Winter Olympics coverage, but producer Lorne Michaels is said to prefer to give Fallon a little more time. Plus, NBC would owe Leno a significant penalty if it took him off the air before his contract expires." That contract expiration is set for September 2014, and NBC may wait until they've sorted out Fallon's replacement before making an official announcement. The front runner is still said to be SNL's Seth Meyers. Until everything is settled, hang tight for more singing.
Trending Video on Vulture
Most Watched on Vulture
Most Viewed Stories
Will & Grace, and Jack & Karen, Are Back With a New Scene About the 2016 Election
Every Current Suspect for ‘A’ on Pretty Little Liars, Ranked by Plausibility
Glenn Frey Bronze Statue Is Taking It Easy, Standing on the Corner in Winslow, Arizona
The Big Bang Theory Recap: Miniature Concerns
Leslie Jones Live-Tweeted the Presidential Debate: ‘It’s Like a Nightmare!!’
Let Seth Meyers Give You the Play-by-Play of the First 2016 Presidential Debate
Vulture Asks: Which TV Couple Do You Anti-Ship?
The Fight Over Prince’s Estate Continues to Be a Purple-Tinged Nightmare
Porn! Murder! James Franco! Watch the Exclusive King Cobra Trailer
Is This the Best Fall TV Season in Recent Memory?
Latest News from VultureOne Mississippi Recap: Life Stuff
At last, One Mississippi leans into Tig's selfish behavior.Scream Queens Recap: A Bump in the Night
There's something wrong with Scream Queens this year.Seth Meyers Breaks Down How Trump Supporters Think He Performed in the Debate
Guess who really is the fastest man on earth.Stephen Colbert, America Ferrera, Joseph Gordon-Levitt, George Takei and Other Celebs Make Dramatic Promises About Voting
"Voting is better than losing your virginity on Christmas morning."CBS Announces Date for 2017 Tony Awards
Start emotionally preparing yourself now.Sia Uses Her Song 'The Greatest' To Describe Hillary Clinton in New Video
Sia knows a thing or two about stamina.Halt and Catch Fire Recap: Crossing the Line
"The Threshold" is a truly magnificent episode.Agents of S.H.I.E.L.D. Recap: Who Ya Gonna Call?
The new S.H.I.E.L.D. director is no Phil Coulson.This Is Us Recap: Let's Twist Again
Okay, This Is Us. I see what you're doing now.
Bet they wish they had a time machine to fix this situation.Atlanta Recap: Black Bieber
"Play your part. You're a rapper. That's your job."Mindy Kaling, Emma Thompson to Star in Late-Night Talk Show Film
Sources describe the film as “The Devil Wears Prada” meets “Broadcast News.”Andrew W.K. Can't Contain His Enthusiasm for Partying to One Music Genre, Ventures Into EDM With New Song
"Always and forever party till we die."New Girl Recap: Booze Girl Wants Your Vote
Jess is fired up about Hillary Clinton.NBC Orders Full Season of This Is Us
After only one episode.Brooklyn Nine-Nine Recap: The Worst Kind of Duck
The NYPD: "We caught the Son of Sam, Ice-T plays us on TV, we keep the Tonys safe!"Solange Knowles Announces Release Date For New Album A Seat at the Table
The tracks feature Lil Wayne, The Dream, Q-Tip, Kelly Rowland, and more.You Can Get Some Satisfaction Watching the Trailer for the Rolling Stones’ Havana Moon
Forget shelter, gimme this trailer.We Asked Grace Helbig, Hannah Hart, and Mamrie Hart About the Secret to Writing Accurate Female Roles for Dirty 30
The YouTube stars told us about their relatable characters in the new film Dirty 30.