Mazel, Andy Cohen!

Bravo announced today that one of cable’s biggest machers has inked a new deal with the network, including a first-look, multi-year development agreement and at least two more years of his boozy talk show Watch What Happens Live. And though Cohen will officially be stepping down from his position as Bravo’s Executive Vice President of Original Programming & Development, he’ll continue to executive produce the channel’s tentpole Real Housewives franchise — and to host various reunions and specials. Current Bravo VP of Development Lara Spotts will assume Cohen’s executive duties upon his departure.

Cohen first came to Bravo in 2004, starting out as the net’s Vice President of Original Programming & Development before being promoted to Senior VP and then Executive VP in 2010. He has been hosting Watch What Happens Live since 2009. Cohen also released an autobiography, Most Talkative, earlier this year; he will reuse that name as the title for a new production company.

“In my 23 years as a television producer, my time at Bravo has been the most rewarding and this next phase of my career is the perfect marriage of everything I love doing — producing and broadcasting,” Cohen said in a statement. “Watch What Happens Live is the show I have dreamt about hosting all my life — it’s the exact extension of my love for pop culture and fun. I’m thrilled to launch my production company Most Talkative and to continue my role as EP of the Housewives — I couldn’t imagine leaving behind women that have become a part of my daily life.”

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