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LOS ANGELES (AP) - NBC says Matt Lauer is sticking with the "Today" show.

NBC News spokeswoman Megan Kopf said Thursday that Lauer will announce Friday on the air that he has signed a long-term contract to remain as co-host of the top-rated morning show.

Although "Today" is on a historic winnings streak in the ratings, ABC competitor "Good Morning America" has been gaining ground.

Lauer's decision provides important stability for "Today."

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