Rumors prove to be true once again. Terrence J has confirmed that he will replace Ryan Seacrest and will be the new co-host of E! News! Congrats! Check out the scoop!

Terrence says good bye to 106 & Park and Hello to Hollywood. TJ, who will now be known by his full name Terrence Jenkins, will start his new gig alongside Giuliana Rancic on November 12.

“Having Giuliana and Terrence for the weeknight program, and Jason and Catt for weekends, gives us a quartet of skilled, popular broadcast journalists and will give viewers a fun, fresh look at pop culture news,” said E! President of Network Strategy and E! News Cyndi McClellan in a statement.

Seacrest will step down from his post to focus on the score of other projects in the works under his RSP Productions banner, including a slate of reality programming and continued hosting duties on American Idol.

Congratulations to Terrence J!