Stephen Colbert to take over for David Letterman on late show

Stephen Colbert to take over for David Letterman on late show

April 10th, 2014 by Associated Press in Local - Breaking News

Comedian Stephen Colbert

Photo by Associated Press/Times Free Press.

Stephen Colbert is replacing David Letterman as CBS' late-night host.

CBS announced Thursday that "The Colbert Report" host will replace Letterman when he retires next year. Colbert is signed for five years.

Letterman has hosted "Late Show with David Letterman" since 1993. He turns 67 Saturday.

Colbert says in a statement: "I never dreamed that I would follow in his footsteps, though everyone in late night follows Dave's lead."

Comedy Central's Emmy-winning "The Colbert Report" has been a hit since its launch in 2005.