Ashlee Simpson and Pete Wentz Finally Confirm Pregnancy

Ashlee Simpson and Pete Wentz have finally confirmed one of the worst kept secrets of the entertainment industry in recent times, when they announced that they are expecting their first child.

The couple posted a statement on Wentz's website Friendsorenemies.com on Wednesday (May 28), saying, "While many have speculated about this, we wanted to wait until after the first trimester to officially confirm that we are expecting our first child. This is truly the most joyous time in our lives and we are excited to share the happy news and start our family."

Simpson, who married Wentz on May 17, has also announced that she is taking her husband's surname and will be professionally known as Ashlee Simpson-Wentz, telling People.com, "I think that's something that a woman should do when they're marrying a man. It's a tradition that I think is a great tradition."

NEXT: No Sex Tape For Grey's Anatomy Star

Photo courtesy of Nickelodeon.