Today, Jason Kennedy and Catt Sadler were back in the studio to join Marc Malkin for our last Live from E! of 2012.

First things first, we have an update on the Britney Spears story we covered yesterday. Turns out, the whole Chris Federline paternity claim was just a hoax by a convicted felon who has attempted other disturbing schemes in the past—including one related to the recent Sandy Hook tragedy.

In more uplifting news (that is, unless you're an Ian Somerholder fan), we just crowned our Celeb of the Year! Watch the replay to find out who won for the third year in a row!

Plus, we review the most popular viral videos of the year including PSY's Gangnam Style, Felix Baumgartner's supersonic space jump (Spoiler alert: Marc Malkin is not impressed—where's that meme when you need it?) and Jelena's "Call Me Maybe" parody.

Finally, because it just didn't feel right to end the year any other way, we finished things off with a Lindsay Lohan story! The embattled actress opened up her home to Bravo's Million Dollar Decorators—but why was LiLo M.I.A. when it was time for the big reveal?! 

We're off until 1/2, but be sure to join us then at 12:30 p.m. ET/9:30 a.m. PT! And don't forget to follow us on Twitter @LiveFromE and hit us up with your questions using the #LiveFromE hashtag.

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