13 April 2014 5:30 AM, PDT | PEOPLE.com | See recent PEOPLE.com news »

Jimmy Fallon joked on Twitter that Stephen Colbert will need to change his first name to Jimmy when he joins the ranks of late-night talk show hosts next year, but he might not be smiling once the Colbert Report star settles into David Letterman's chair. That's because Fallon is not the only triple threat in town - Colbert (who will be ditching his ultraconservative alter ego when he takes on the new gig) has some serious singing skills. We're talking Broadway serious. Here's Colbert on stage at the Lincoln Center in N.Y.C. in 2011 with Neil Patrick Harris in Company (and yes, »

- K.C. Blumm

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