Stephen Colbert named David Letterman's 'Late Show' successor

The wait is over – it’s been revealed Stephen Colbert is taking over for David Letterman when he retires from the Late Show next year.

CBS made the official announcement on Thursday, just a week after Letterman revealed to his viewers that he would be retiring after 11 years on the show and 20 years on the network.

President and chief operating officer of CBS, Les Moonves, and chairwoman of CBS’s entertainment division, Nina Tessler, confirmed Colbert as Letterman’s successor on Thursday, New York Times reports.

“Simply being a guest on David Letterman’s show has been a highlight of my career. I never dreamed that I would follow in his footsteps, though everyone in late night follows Dave’s lead,” Colbert said in a statement. He’s been hosting The Colbert Report on CBS’ flagship network, Comedy Central, since 2005.

He added, “I’m thrilled and grateful that CBS chose me. Now, if you’ll excuse me, I have to go grind a gap in my front teeth.”

According to LA Times, Colbert and CBS have signed a 5-year deal.

In a statement, Moonves called Colbert “one of the most inventive and respected forces on television.”

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