Fallon Carrington is a fictional character from the ABC television series Dynasty and its spin-off The Colbys. Created by Richard and Esther Shapiro, the role of Fallon was originated by Pamela Sue Martin in the show's first episode in 1981, and Martin left at the end of the fourth season in 1984. Fallon was recast with Emma Samms in 1985, and the character was spun off onto a companion series called The Colbys. After the cancellation of the second series, Fallon returned to Dynasty in 1987, and remained on the series until its finale in 1989. Samms later reprised the role for the 1991 miniseries Dynasty: The Reunion. Elizabeth Gillies plays Fallon in The CW's 2017 reboot series Dynasty.

Dynasty is an American prime time television soap opera that aired on ABC from January 12, 1981, to May 11, 1989. The series, created by Richard and Esther Shapiro and produced by Aaron Spelling, revolves around the Carringtons, a wealthy family residing in Denver, Colorado. Dynasty stars John Forsythe as oil magnate Blake Carrington, Linda Evans as his new wife Krystle, and later Joan Collins as his former wife Alexis.