Video: David Letterman To Retire In 2015

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David Letterman announced plans to retire next year on Thursday’s Late Show.

The host, who has been on CBS since 1993, made the announcement to his studio audience at an afternoon taping, and was met with laughter, stunned disbelief and later, a standing ovation.

“The man who (runs) this network, Leslie Moonves, he and I have had a relationship for years and years and years, and we have had this conversation in the past, and we agreed that we would work together on this circumstance and the timing of this circumstance,” Letterman said. “And I phoned him just before the program, and I said ‘Leslie, it’s been great, you’ve been great, and the network has been great, but I’m retiring.'”

For more on this story visit: Gary Levin, USA Today