Screen: NBC

What Will Happen When Jimmy Fallon Hosts (this time)?

You can take The Barry Gibb Talk Show straight to the bank.

11:30 PM Cold Open

Though he's very excited, Steve Harvey (Kenan Thompson) is not quite equipped for an intimate interview with Barack Obama (Jay Pharoah).

11:36 PM Monologue

Host Jimmy Fallon tries to assert himself as host, while musical guest Justin Timberlake repeatedly appears to promise he won't try to pull focus.

11:40 PM Commercial Parody

This holiday season, watch her try to arrange her face in such a way that suggests she isn't disgusted that you bought her cheap, ugly jewellery from a store at the mall.

11:46 PM

On Fox & Friends, hosts Steve Doocy (Taran Killam), Elisabeth Hasselbeck (Kate McKinnon), and Brian Kilmeade (Bobby Moynihan) speak to Duck Dynasty star Phil Robertson (Fallon) about the remarks about race and gay sex that got him indefinitely suspended from the show; Sarah Palin (Nasim Pedrad) also visits to show her support, not that she's especially helpful (or coherent).

11:54 PM

On The Barry Gibb Talk Show, Barry (Fallon) and his brother Robin (Timberlake) interview newsmakers about current events.

12:02 AM

Justin Timberlake performs.

12:09 AM Weekend Update

Incoming New York City mayor Bill De Blasio (Brooks Whelan) explains in detail why he intends to live in Brooklyn even after his inauguration, a lot of which revolves around his affinity for artisanal small-batch foodstuffs; Beyoncé (cameo by Maya Rudolph) talks about her decision to stealth-drop her new album.

12:23 AM

A Santa (Fallon) ringing a bell to raise money for charity has a hard time attracting attention when his turf is colonized by a mascot (Timberlake) dressed as a candy cane to promote a store called Candyville.

12:32 AM

On the eve of his début in his new role, Jimmy Fallon (as himself) is visited by the ghosts of Tonight Show hosts past.

12:37 AM Commercial Parody

In a festive ad for a discount department store, a group of men in colourful boxers promote the store by half-heartedly shaking their butts.

12:41 AM

Justin Timberlake performs.

12:48 AM

A family trying to enjoy their holiday is plagued by waves of increasingly aggressive carolers.

12:54 AM

Chris Kattan holds an electronic keyboard Fallon plays while Tracy Morgan dances and Horatio Sanz sings "Christmas Is Number One."

1:00 AM

People wave goodbye, hug.