Stephen Colbert named next host of 'Late Show'

Stephen Colbert named next host of 'Late Show'
Stephen Colbert
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CBS announced on Thursday that "Colbert Report" host Stephen Colbert will be the next to helm the "Late Show" desk. He'll succeed David Letterman when Letterman retires next year after more than 20 years as the host.

The announcement raises several questions, chief among them whether the comedian will host the show in character, as he does on Comedy Central's "Report." Another question mark is where the show will be taped. "The Late Show" currently films at the Ed Sullivan Theater in New York, but CBS has not yet announced where the Colbert-helmed version will tape, or who the producers will be.

"Stephen Colbert is one of the most inventive and respected forces on television," Leslie Moonves,  president and CEO of CBS, said in a statement. "David Letterman's legacy and accomplishments are an incredible source of pride for all of us here, and today's announcement speaks to our commitment of upholding what he established for CBS in late night."

"Simply being a guest on David Letterman's show has been a highlight of my career," Colbert said in a statement. "I never dreamed that I would follow in his footsteps, though everyone in late night follows Dave's lead."

"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," he joked.

Letterman announces retirement plans for 2015 (April 4)
Letterman's departure will re-shape late night (April 5)
NBC boss isn't worried about Letterman successor (April 7)
VIDEO: David Letterman on WTHR