Collins will continue to host The Source at 9 PM ET, marking the first time a primetime host has held the dual role of primetime host and Chief White House Correspondent for CNN.
The program will feature live look-ins at some of the largest parades in the country, as well as celebrities sharing their favorite holiday traditions.
The news of her extension comes on the heels of the announcement that Comcast is preparing to spin off its cable holdings -- including MSNBC and CNBC -- into a separate company.