Leno and Fallon Discuss Passing the Tonight Show Torch

In their first joint interview, Jay Leno and Jimmy Fallon sat down with Matt Lauer of NBC's TODAY for an exclusive interview that aired Monday, January 27.

Sincere and engaging, Leno and Fallon opened up to Lauer about the legacy of The Tonight Show and how they have handled the passing of the mic. They also discussed the fraternity of late-night comedians and what they do to keep tabs on one another. Fallon will take over The Tonight Show Feb. 17.