Stephen Colbert to replace Letterman on late show

FILE - This Sept. 23, 2012 file photo

FILE - This Sept. 23, 2012 file photo shows TV personality Stephen Colbert at the 64th Primetime Emmy Awards Governors Ball in Los Angeles. CBS announced Thursday, April 10, 2014, Colbert, the host of “The Colbert Report,” will succeed David Letterman as the host of “The Late Show.” (Photo by Chris Pizzello/Invision/AP, File) (Credit: AP)

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NEW YORK, NY - FEBRUARY 17: Stephen Colbert Stephen Colbert

(AP) -- 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.

"I never dreamed that I would follow in his footsteps, though everyone in late...

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