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Stephen Colbert to Replace David Letterman as Host of 'Late Show'

It's official.

CBS announced Thursday that Stephen Colbert will be the new host of CBS' Late Show, replacing David Letterman when he retires after 21 years.

"Simply being a guest on David Letterman's show has been a highlight of my career," Colbert said in a statement.

Read more: Stephen Colbert to Replace David Letterman as Host of 'Late Show'
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