• BREAKING NEWS ABC shows live and on-demand -- Download the WATCH ABC app!

OTRC: Seth Meyers lands NBC late-night show, set to replace Jimmy Fallon

Seth Meyers appears in an undated cast photo from 'Saturday Night Live.' (NBC)

Seth Meyers is gearing up to hit the late-night television circuit.

The "Saturday Night Live" veteran, who has been in "tightly guarded" negotiations for weeks now, is set to succeed Jimmy Fallon in NBC's 12:35 a.m. late night slot, according to The Hollywood Reporter.

The news comes following the announcement that Jay Leno will be leaving "Tonight Show" in 2014, with Fallon set to take over after his depature. Meyers will then fill the slot that Fallon previously held.

"We think Seth is one of the brightest, most insightful comedy writers and performers of his generation," said entertainment chairman Bob Greenblatt in a statement to THR. "His years at 'SNL's Weekend Update desk, not to mention being head writer of the show for many seasons, helped him hone a topical brand of comedy that is perfect for the 'Late Night' franchise."

"On behalf of Steve Burke, Ted Harbert and Paul Telegdy, we couldn't be happier that Seth and Jimmy Fallon will be continuing their careers at NBC after growing up in this network's late night legacy," he concluded.

Meyers, who got his start on the sketch comedy show in 2001, has appeared in a number of films in recent years including "Journey to the Center of the Earth," "Nick and Norah's Infinite Playlist" and "New Year's Eve." He has also appeared on television shows including "The Mindy Project" and "Spin City."

The "Weekend Update" anchor, 39, expressed his excitement over his new high-profile gig, adding: "I only have to work for Lorne [Michaels] for five more years before I pay him back for the time I totaled his car. 12:30 on NBC has long been incredible real estate. I hope I can do it justice."

The NBC network has been in somewhat of a shift lately, with rumors circulating that Alec Baldwin would be securing a spot in NBC's late-night line-up -- with speculation that he'd be replacing current "Last Call" host Carson Daly. The rumors, however, were quickly refuted when it was announced that Daly's NBC series was renewed.

Will YOU watch Meyers' late-night show? Vote in our poll below.

(Copyright ©2018 OnTheRedCarpet.com. All Rights Reserved.)