Confirming what Headline Planet’s Brian Cantor first suggested, CBS announced Thursday that Stephen Colbert will take over its iconic “Late Show” when David Letterman retires in 2015.

CBS has yet to confirm the date for Letterman’s retirement, but following his official announcement on April 3, the network knows it will happen in 2015. And it is now willing to share that Stephen Colbert of Comedy Central’s Emmy-winning “The Colbert Report” will be the man taking over the reins.

“Stephen Colbert is one of the most inventive and respected forces on television,” said CBS’ Les Moonves. “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.”

Per CBS’ announcement, its deal with Colbert extends for five years.

“Simply being a guest on David Letterman’s show has been a highlight of my career,” said Colbert. “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.”

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