Ryan Seacrest is new “Live” co-host

It’s official! Nearly one year after Michael Strahan left ABC’s Live, Kelly Ripa has a new co-host for her morning talk show.

Ryan Seacrest was announced as Ripa’s new co-host on the ABC show Monday morning. Before Seacrest came on stage, Ripa took a moment to thank her fans and her temporary Live co-hosts.

“Today, the next chapter of the Live story is about to be written,” she said ahead of the announcement.

Seacrest has co-hosted Live five times as a guest since ABC began the search for Michael Strahan’s replacement one year ago. He will also be an executive producer on the show, according to The Hollywood Reporter, giving him at least nominally the same level of input that Ripa herself has.

Live headquarters is based in New York, but Seacrest lives in Los Angeles. However,  he has a home in Manhattan, and he will be relocating.

Seacrest is already in business with ABC as the host of “Dick Clark’s New Year’s Rockin’ Eve” on New Year’s Eve.The hosting deal may open the door for further business deals with ABC’s parent company, Disney.

The seat next to Ripa was coveted by dozens of entertainment and news industry A-listers.

The search began when Strahan abruptly left the show for Good Morning America after co-hosting alongside Ripa for four years. Ripa was reportedly blindsided by the news. Reportedly, Strahan told her about it barely half an hour before the news leaked in the press.

Since then, Ripa’s guest co-hosts have included Andy Cohen, Anderson Cooper, Jerry O’Connell, and Fred Savage.

Ripa took to Twitter on Sunday to tell her followers that she would reveal her new co-host during Monday’s show.