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Jimmy Kimmel Gets Two-Year Contract Extension from ABC

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ABC has affirmed its commitment to its late-night star Jimmy Kimmel, extending the host's contract for two more years. The new deal, announced Tuesday, will keep Kimmel on ABC through January 2017, locking him into what is shaping up as a long-term, three-pronged network battle for late-night supremacy.

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CBS' David Letterman recently announced his retirement from the coveted Late Show desk in 2015, which Stephen Colbert will take over. Shortly thereafter, Late Late Show host Craig Ferguson announced that he would be departing CBS at the end of the year.

After Jay Leno's recent exit, NBC managed a relatively smooth transition that installed Jimmy Fallon and Seth Meyers as the hosts of The Tonight Show and Late Night, respectively.

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