Comedy Central has pulled from the ranks of "The Best F*&#ing News Team Ever!" and today announces the Emmy Award-winning Larry Wilmore as the host of the #1 brand in comedy's next great late night franchise. Wilmore will take over the highly-coveted post-Daily Show time slot in January 2015 as host of The Minority Report with Larry Wilmore, a comedic look at news, current events and pop culture from unique perspectives not typically on display in late night television. The series was created by Jon Stewart and will be produced by Stewart's Busboy Productions with Stewart and Wilmore serving as Executive Producers.

Continuing in Comedy Central's tradition of producing groundbreaking late night formats,

The Minority Report with Larry Wilmore will provide viewers with a distinct point of view and comedic take on the day's news from a perspective largely missing in the current late night landscape. Hosted by Larry Wilmore, the series will feature a diverse panel of voices currently underrepresented in comedy and television. More details will be revealed at a later date.

Here's what Michele Ganeless, President, Comedy Central, had to say about the series in a new statement.

"We are thrilled to be expanding our relationship with Jon Stewart and Busboy Productions, and are looking forward to the world getting to know Larry Wilmore even better. He's a spectacular talent in front of and behind the camera. The Minority Report with Larry Wilmore follows in the Comedy Central tradition - bringing new perspectives to the day's events and breaking ground in the world of late night television."

Executive producer Jon Stewart had this to say in his statement.

"While Larry Wilmore is a brilliant comic and showrunner, this is all just a complicated ruse to get him to move to New York and turn him into a Knicks fan."

Larry Wilmore had this to say in his own statement.

"I'm beyond excited to have this chance to continue my relationships with Comedy Central and the brilliant Jon Stewart. I love the city of New York and promise to only wear my Laker t-shirts when I'm layering."

Currently "Senior Black Correspondent" on "The Best F*&#ing News Team Ever!," Larry Wilmore joined The Daily Show with Jon Stewart in 2006 after an award-winning career in television writing and producing in the early 90s. Wilmore (@thelarrywilmore) has written for shows such as In Living Color, The Fresh Prince of Bel-Air and The Jamie Foxx Show. He co-created the animated show The PJs with Eddie Murphy, as well as the critically-acclaimed and award-winning The Bernie Mac Show, co-created with the late Bernie Mac, which won the Emmy Award for Outstanding Writing for a Comedy Series in 2002. Wilmore was also a consulting producer on NBC's The Office, also appearing in a few episodes. More recently, he served as executive producer/showrunner on ABC's Black-ish, which just received a series pick-up.

Wilmore, who started his career as an actor and stand-up comic before transitioning to writing and producing, has also appeared in Dinner for Schmucks, Love Bites, Traffic Light, Accidentally on Purpose and Happy Endings. His first book, titled "I'd Rather We Got Casinos and Other Black Thoughts," was released by Hyperion Books in 2009. In addition to receiving an Emmy, Wilmore has been nominated for and received numerous other awards including a Peabody, Humanitas and NAACP Image Award.