TV Notes: Jimmy Kimmel to take on Leno, Letterman; Taylor Swift to perform at MTV Video Music Awards

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"Jimmy Kimmel Live" is ready to play with the big boys, Variety reports.

After being in the midnight time slot since 2003, the ABC late-night talk show is shifting to 11:35 p.m. beginning in January.

Mr. Kimmel will face off directly against David Letterman and Jay Leno while "Nightline" will shift to 12:35 a.m. There also will be an additional "Nightline" in prime time beginning March 1. That show will air at 9 p.m. Fridays.

The news comes at the same time Mr. Kimmel has signed a two-year extension with ABC. His current deal was set to expire soon.

ABC sees the move as a way to earn larger profits in the late-night arena. The network has long touted Mr. Kimmel's ability to attract viewers while "The Tonight Show With Jay Leno" and "Late Show With David Letterman" have been shedding eyeballs. The increased viewership will boost ad revenue for ABC, much more so than what "Nightline" was earning from corporate America.

Six-time Grammy winner Taylor Swift will perform at the 2012 MTV Video Music Awards next month. But she won't be the only gold winner in the room, The Associated Press reports.

The U.S. Women's Gymnastics team -- known as the Fierce Five -- will be presenters at the Sept. 6 show. Gabby Douglas, McKayla Maroney, Alexandra Raisman, Kyla Ross and Jordyn Wieber won the women's team gold medal at the Olympics this month and have been on a whirlwind tour ever since that included the couches of Jay Leno and David Letterman. Ms. Douglas, Ms. Maroney and Ms. Raisman also won individual medals.

Miley Cyrus, rapper Wiz Khalifa and alternative hip-hop artist Mac Miller will also present awards.

Drake and Rihanna lead with five nominations each. They'll battle Katy Perry, M.I.A. and Gotye for video of the year.

Comedian Kevin Hart will host the VMAs live from the Staples Center in Los Angeles. Performers include Green Day, Alicia Keys, Pink and One Direction.

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