David Letterman Announces His Last Day as 'Late Show' Host

by Jackie Willis 10:15 AM PST, December 10, 2014
Photo: Twitter

Get ready to say goodbye to David Letterman in the springtime.

After more than 22 years on the Late Show, Letterman will host the program for the last time on Wednesday, May 20, 2015, CBS and Worldwide Pants Incorporated announced on Tuesday, Dec. 10.

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"David Letterman has given to all of us a remarkable legacy of achievement and creative brilliance that will never be forgotten," Leslie Moonves, President and CEO of the CBS Corporation, said. "It's going to be tough to say goodbye, but I know we will all cherish the shows leading up to Dave’s final broadcast in May."

Letterman announced his retirement in April of this year, and declared that Stephen Colbert of The Colbert Report would be taking over for him as host of the Late Show. The 67-year-old comedian has been a staple in late-night television for 32 years, and since his first Late Show on Aug. 30, 1993, the program has won nine Emmy Awards and has been nominated for 73 Emmys.

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The Colbert Report ends on Dec. 18, 2014, and Colbert will take over the Late Show some time next year, keeping the production of the program at New York City's historical Ed Sullivan Theater.

Do you think May is the right time for Letterman to retire, or were you hoping he'd be on the air a bit longer? Let us know below and tweet #ETnow.

Upon learning that Letterman would be leaving the Late Show, ET made up our own Top 10 list of our favorite moments from the late-night talk show. Check them out: