2 March 2013 11:52 PM, PST | Huffington Post | See recent Huffington Post news »

Maybe Jay Leno isn't the Freddy Krueger of late night after all. If The Hollywood Reporter's sources are correct, his reign of 11:35 pm terror may finally be coming to a close... for good... for real this time.

THR is reporting that, according to "two high-level industry sources", NBC will announce in May that Jimmy Fallon is replacing Leno in 2014. While the network still denies the rumor -- the possible change was first reported last December -- the sources explained the rationale is in part the result of stiffer competition for a younger audience.

Sources believe the network will bring in Fallon partly out of concern about the competition on ABC, which moved younger-skewing Jimmy Kimmel to the 11:35 time slot in January.... Leno's 'Tonight' still performs well for NBC, regularly besting his late-night rivals. But Kimmel is competitive in the 18-49 demo.

With NBC falling to an unprecedented fifth place, »

- Carol Hartsell

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