The suspense has ended! Ryan Seacrest will join "Live" as Kelly Ripa's co-host as first tipped by CNN's Brian Selter.

Gregg DeGuire, WireImage

Seacrest has co-hosted "Live" five times as a guest since ABC began the search for Michael Strahan's replacement one year ago.

Seacrest lives in Los Angeles, but he has a home in Manhattan, and will be moving to New York to start this new job. He recently renewed his contract to host red carpet specials for NBCUniversal's E! network. He will continue to lead his nationally syndicated radio show for iHeartMedia.

According to a source, the ABC building that houses "Live" will also have a new radio studio for Seacrest. Ripa took to Twitter on Sunday to tell her followers that she would reveal her new co-host during Monday's show.

Information for this story courtesy of themouth@tds.net