Rumors had been flying since last July that Jimmy Fallon was a front runner to take over Conan O’Brien’s ‘Late Night,’ and now according to reports, the deal is sealed.

NBC will reportedly make the formal announcement about Jimmy around May 11 or 12, when the network presents the fall 2008 schedule to advertisers here in New York, sources tell Fox News.

Last December, Jimmy, 33, married movie producer Nancy Juvonen in the Caribbean.

Conan O’Brien will be taking over for Jay Leno, who will leave the “Tonight” show in May 2009 as part of a forced retirement.

WILL YOU WATCH Late Night with Jimmy Fallon?

Conan O’Brien gives a thumbs up after he and his wife Liza Powel have dinner at Locanda Veneta on 3rd Street in Los Angeles on Thursday.

Conan recently was a guest on The Tonight Show with Jay Leno, which turned out to be an interesting interview. Conan reportedly will be taking over Jay Leno’s gig next year, however, there’s been rumors that Leno isn’t quite ready to give up his throne.

WHO DO YOU THINK is the better late night host? Conan or Jay?

More pictures of Conan O’Brien giving the thumbs up… More Here! »

Late Night talker Conan O’Brien sips on a cup of coffee while strolling down Madison Avenue on the Upper East side of Manhattan on Tuesday.

On last night’s episode of Late Night, Queen of the Product Pitch Martha Stewart got Conan a little drunk while making alcoholic drinks “Irish Rickey” and “Black and Tan” in lieu of St. Patrick’s Day.

The pair also made a “Shamrock Cookie.” Yum-o!

Watch the clip of Martha allowing Conan to get his drink on here.

• Conan O’Brien met his stalker in September 2006
• Brittany Murphy’s love is blind
• Hallmark tells Paris Hilton to suck it
• Why isn’t Leelee Sobieski more popular?
• Housewives join their writers on the picket line
• Katie Price, aka Jordan, is must-see TV
• Britney Spears run red light with kids in the car
• Keanu Reeves needs to squeegie that windshield.
• Christina Ricci joins Meerkat Manor
• Ellen DeGeneres is under fire for crossing the picket line.
• Spring trend: All that Jazz
• Nicole Richie rejected from gated community.
• Roberto Cavalli’s limited-edition collection for H&M hit stores yesterday. A spokeswoman for the chain said most of his women’s wear sold out within 15 minutes.
• The Post reports that Paul McCartney’s new squeeze, Nancy Shevell, is second cousins with Barbara Walters. This may explain why Babs trashed Heather on The View earlier this week.
• Britney Spears ignored eight of 14 phone calls demanding court-ordered drug tests, it was revealed in court yesterday. Brit’s lawyer Anne Kiley argued that Brit hadn’t responded to some of the calls because she was sleeping. “You are not a pop star with a No. 1 album, so you don’t know,” Kiley told the judge.
• Ellen DeGeneres didn’t do a monologue yesterday to show support for striking writers. “I support them and hope they get everything they’re asking for…In the meantime, people have traveled across the country. They’re here. I want to do everything I can to make your trip enjoyable and give you a show,” she said at the beginning of her show yesterday. Still, one former staffer doesn’t believe Ellen is sincere and is blogging on SurgicalStrike.com about how the host treated her writers like dirt.
• Rosie O’Donnell may have lost her MSNBC show because she’d only commit to one year, not because she let it slip that she was in negotiations.

Joaquin Phoenix chats up his two films, We Own the Night and Reservation Road, on Monday’s episode of Late Night with Conan O’Brien.

Upon entering, Joaquin runs out and gives Conan a great big man hug. How adorable!

The 32-year-old actor talks about why he never watches his movies (again), humiliating his nephews (joking) and Christmas caroling.

Apparently Joaquin thinks “Feliz Navidad” means “corn is sweet”????????

Watch the video below for Mr. Phoenix on Conan!

Mary-Kate Olsen makes a guest appearance on Wednesday’s episode of Late Night with Conan O’Brien. The Olsen twin shared about her love for coffee, being constantly followed by paparazzi and pick-up lines guys have used on her.

The most memorable pick-up line MK recalled: “Can I make you tomato soup?” And she gladly accepted, saying, “I. LOVE. TOMATO. SOUP.”

MK made her return to the small screen on Showtime series Weeds on Wednesday night. Watch the video of MK’s interview with Conan below!

A huge comedy with tiny balls…

Maggie Q chats up her upcoming film Balls of Fury on Monday’s taping of Late Night with Conan O’Brien. Maggie teaches Conan how to do a roundhouse kick — watch the video below!

In the film (out in theaters now), Maggie Q plays Maggie Wong. Balls of Fury also stars Dan Fogler, Christopher Walken, George Lopez and Aisha Tyler.

50+ pictures inside of Maggie Q during Monday’s Conan…

More Here! »

The Academy of Television Arts & Sciences has named Conan O’Brien host of this year’s 58th annual Primetime Emmy Awards. He hosted the Primetime Emmy Awards previously in 2002. Hopefully, his talk-show host talents will cross over and be able to provide us with some good entertain for a couple of hours (the show is 3 hours long).

The Primetime Emmy Awards will air this year on NBC on Sunday, August 27 @ 8PM EST. Be sure to catch the award show to see if your favorite shows/cast have won! Here are the nominations for the 2006 Primetime Emmy Awards.

The candid shots are from July 22, in Pasadena, California from the NBC Press Tour.

 - Doobybrain

From the Primetime Emmy Conan O’Brien press release:

Conan O’Brien, critically acclaimed host of NBC’s Late Night with Conan O’Brien, has been named host, while veteran television producers Ken Ehrlich (48th Annual Grammy Awards) and Jeff Ross (Late Night with Conan O’Brien) have been appointed as executive producers, of the Academy of Television Arts & Sciences 58th Annual Primetime Emmy® Awards telecast, airing live on NBC, Sunday, August 27 (8-11 p.m. ET).

 “Conan was a natural choice,” said Reilly.  “His comedic talent and hosting expertise coupled with his charm and spontaneity will make for a great show.”

"We are excited about creating a dynamic and innovative Emmy telecast with our imaginative, award-winning executive producers Ken Ehrlich and Jeff Ross," added Rick Ludwin, Executive Vice President, Late Night and Primetime Series, NBC Entertainment.  "And Conan has proven to be a perfect Emmy host — he loves TV and is very funny and unpredictable."

"Conan did a tremendous job when he hosted the Emmys back in 2002 and we are thrilled that he’s returning,” said Askin.  “His style of comedy and humor is sure to make this telecast a memorable one and we are thrilled to working with him again."

O’Brien has been combining his talents as writer, performer and interviewer as host of Late Night, for nearly 13 years and in 2009, will take over the reins on the venerable Tonight Show.

In 2002, O’Brien brought his wit and style to his hosting duties on the 54th Annual Primetime Emmy® Awards, garnering big laughs and critical acclaim, delivering "one of the funniest opening monologues in Emmy history" according to the Los Angeles Times.