The network may be struggling in other dayparts, but late-night is doing OK for NBC. Today the network renewed "Late Night With Jimmy Fallon" for a third season, reports Entertainment Weekly.

Fallon reportedly renewed his contract with the network earlier this year and is committed to "Late Night" through 2012. Fallon is considered NBC’s heir-apparent to the "Tonight Show" host’s chair, especially in light of Conan O’Brien moving on to TBS.