The Director's Cut Blog has learned that Kathie Lee Gifford has been named co-host of the fourth hour NBC News' "Today." The announcement was made today by "Today" executive producer Jim Bell. Gifford will make her debut alongside Hoda Kotb on April 7, 2008. She will be seen from 11 a.m. until noon on WKYC which airs the 4th hour on tape delay. "I am excited to welcome Kathie Lee to 'Today,'" said Bell. "She is a morning television icon and is on a short list of personalities known by her first name alone. We are looking forward to her signature warmth and sense of humor in the fourth hour. Her addition to the 'Today' family makes us stronger than ever, and she and Hoda will continue the 'Today' tradition of smart, topical and fun morning television." "I am truly honored to join the 'Today' show family, many of whom have been friends and colleagues of mine for years," said Gifford. "And I...