Mazel, Andy!

Bravo announced that Andy Cohen has launched his own production company, Most Talkative (the same title as his autobiography released earlier this year), while striking a multi-year development deal with the network.

Cohen, host of the nightly talk show, "Watch What Happens Live!", will be stepping down from his executive role at the cable channel. He will focus on "WWHL" hosting duties, but will stay close to his beloved "Real Housewives" by serving as executive producer for the franchise, as well as hosting the "Housewives" reunions and specials.

In a statement released by Bravo, Cohen said, "'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.”

Cohen came to Bravo in 2004 and helped bring shows like "Top Chef," "Project Runway" and "Real Housewives" to the screen. He eventually became the Executive Vice President of Original Programming & Development in 2010.

"Watch What Happens Live!" airs weeknights at 11 p.m. EST on Bravo.

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