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Seth Meyers’ Late-Night NBC Deal Renewed Until 2021

Seth Meyers is staying in business with NBC — for at least five more years.

The host’s “Late Night with Seth Meyers” contract has been renewed with the network through February 2021. NBC president Bob Greenblatt made the announcement Wednesday at the Television Critics Association press tour in Pasadena, Calif.

“Congratulations to him, and we’re looking forward to a crazy election year where his commentary will be particularly welcome,” said Greenblatt at TCA.

In a statement, Meyers said, “I can’t thank NBC enough for continuing to support our show and this more than makes up for my disappointment in not getting cast in ‘The Wiz.'”

Meyers will also host a 2016 New Year’s Eve “Late Night” 10 p.m. primetime special that will highlight all the news and current events of the year.

Since taking over “Late Night” in February 2014, Meyers has widened his lead over ABC and CBS and often beats Colbert, even though it starts an hour earlier. “Late Night” averaged a 0.51 rating, 3 share and 1.658 million viewers overall in the fourth quarter of 2015, to maintain 100% of its 18-49 rating year to year and grow by 4% in total viewers.

At the TCA press tour this past summer, it was announced that Jimmy Fallon’s contract was also renewed through 2021.

Asked by a reporter on Wednesday if Meyers’ extension deal was an effort to bolster the late-night lineup, as an insurance policy of sorts for the accident-prone Fallon, Greenblatt said, “Jimmy is going to be fine for many years to come. I often say Jimmy is going to be there longer than me and many of you in your jobs.” He mentioned that Meyers and Fallon are a great duo.

After the executive session, Greenblatt was asked about the specific reports of Fallon having a drinking program. He told the smaller group of press: “He doesn’t have a drinking problem that any of us know about. He goes out and has fun and he’s had some accidents … We are always worried about his safety and health and yeah, there’s been conversations about that … the stories are exaggerated about all of it.”

“Late Night,” from Universal Television and Broadway Video, is exec produced by Lorne Michaels and produced by Mike Shoemaker.

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