Reliable Hollywood sources of mine confirm the news being reported by a number of outlets — including Us Weekly — that Jessica Biel and husband Justin Timberlake are expecting their first child.

“Both of them have wanted to become parents for some time, and now it seemed the perfect time for it to happen,” a top film producer who is close to the couple told me early Wednesday morning. “I’m just thrilled for them. They will be terrific parents. They both are so loving.”

Timberlake and Biel had been dating on-and-off for about five years before they became engaged in December 2011. They were married in Italy the following year.