It will be the first time that O'Brien, 50, has hosted the annual show, which will take place on April 13 at the Nokia Theatre in downtown Los Angeles and which serves as lead-in to the summer movie season.
"After eight years of intense negations, I am honored to announce I am hosting MTV's second most prestigious awards show," the flame-haired comedian quipped in a statement.
Nominations will be announced on Thursday. MTV, which is owned by Viacom Inc (VIAB.O), said the show will also feature unseen clips from upcoming summer films.
O'Brien, the host of late-night talk show "Conan" on cable network TBS, is known for his oddball, youth-skewed humor, which marked a generational shift when he began a 16-year stint on NBC's "Late Night" talk show in 1993.
The MTV Movie Awards offers a cheeky take on Hollywood's usual black-tie and gown awards season by handing out golden, popcorn-shaped trophies in categories like "best villain" and "best gut-wrenching performance."
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