Jimmy Fallon replacing Jay Leno on ‘Tonight Show’ is reportedly done deal

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Jimmy Fallon’s march to inherit The Tonight Show is nearly complete. The Late Night host has closed a new deal with NBC that will pave the way for him to replace Jay Leno in the 11:35 p.m. slot, a well-placed source tells The Hollywood Reporter.

Fallon’s move has been expected since THR revealed March 1 that NBC was preparing an exit plan for Leno, 62, whose contract expires in September 2014. But NBC has refused to confirm the succession, instead letting Leno and Fallon, 38, tease audiences with jokes about the situation.

Full Story: Source: Jimmy Fallon Closes NBC ‘Tonight Show’ Deal, Seth Meyers Eyed for ‘Late Night’ — Hollywood Reporter