Here's the official word. Walters's announcement probably would have been more dramatic if the news hadn't been spread already ...
Barbara Walters, creator/executive producer and co-host of ABC Daytime’s "The View," announced tonight during ABC’s live, three-hour broadcast of "The 33rd Annual Daytime Emmy Awards" that Rosie O’Donnell has been officially named a co-host of "The View." Ms. O’Donnell will debut on "The View" in September, the start of the show’s 10th season. This will mark Ms. O’Donnell’s return to daytime television.
Ms. O’Donnell was previously host and executive producer of her own daytime talk show, "The Rosie O’Donnell Show," which ran for six years. She has garnered 12 Daytime Emmy Awards, including Emmys for Outstanding Talk Show and Outstanding Talk Show Host.
"We are thrilled that Rosie, one of the greatest stars in the history of daytime television, has agreed to join us on ‘The View.’ What an exciting way to begin our 10th season," said Ms. Walters.
"I was touched and honored when Barbara asked me. She paved the way for all women in television, and I can’t wait for September," said Ms. O’Donnell.