David Letterman will step down as the host of CBS' Late Show after a remarkable 22-year career, with his final episode airing this summer.
The Colbert Report host was signed to a five-year deal last week to replace late-night legend David Letterman when he retires next year.
The Chelsea Lately host had already been in discussions with CBS for another late night show before David Letterman announced his retirement.
24 all-new episodes of this hit Crackle webseries are set to debut this summer, with guests to be announced soon.
Hurricane Sandy Shuts Down Elementary, Blue Bloods, Person of Interest, The Good Wife and More Tonight
Jimmy Kimmel Live, The Colbert Report, and The Daily Show were also affected by the incoming storm today.