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"Jimmy Fallon will reportedly be replacing Jay Leno as the host of The Tonight Show next year. A newly-published report by The Hollywood Reporter cites claims from a pair of highly-placed sources that NBC will announce in May that Leno is departing the comedy series.   Leno reportedly will remain hosting The Tonight Show until spring 2014, leading Fallon to tacitly take over the late-night show in the summer prior to a full-scale relaunch in the fall. NBC strenuously denied such plans are in place, although a spokesperson for Leno responded only with: &amp;quot;We do not speculate on rumor.&amp;quot; Approximately 20 employees were laid off from The Tonight Show last summer in a bid to save NBC money, while Leno also took a paycut.  Leno&amp;#039;s once dominant Tonight Show still tops overall ratings on most nights, although the series is facing far tighter competition from Jimmy Kimmel Live in the 18-49 demographic. Jimmy Kimmel Live moved into direct competition with The Tonight Show and The Late Show with David Letterman in January. Fallon currently follows Leno on NBC with his Late Night, which airs from New York City. Watch a clip from Late Night with Jimmy Fallon below:      "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.digitalspy.com/tv/ustv/news/a463130/jimmy-fallon-to-be-announced-as-jay-lenos-replacement-in-may/>