/// David Letterman Announces His Retirement During Late Show Taping
Wake the kids and phone the neighbors, because David Letterman is hanging it up after his contract expires at the end of next year. The 33-year late night veteran and host of CBS’ flagship Late Show with David Letterman broke the news to his studio audience during the taping of Thursday night’s show. Letterman in October extended his contract with CBS for a single year, committing to the show through 2015. At the time , Letterman joked that he needed the extra year to ensure that his final bridge was burned behind him.“[CBS Corp. CEO] Les [Moonves] and I had a lengthy discussion, and we both agreed that I needed a little more time to fully run the show into the ground,” Letterman cracked. The duration of the new deal seemed a sure sign that the clock was ticking on Letterman’s late night tenure. Two years prior to signing the extension, the host had agreed to a two-year deal . In a nicely odd twist, news of Letterman’s announcement was tweeted out by former R.E.M. bassist Mike Mills, who is a guest on tonight’s show.