Comedian Stephen Colbert is being tapped to host "The Late Show".
CBS says he has signed a 5-year deal to replace David Letterman when he retires next year.
Colbert will be moving from Comedy Central, where he has hosted "The Colbert Report" since 2005.
In a statement, he said, "I never dreamed that I would follow in his footsteps, though everyone in late night follows Dave's lead."
Many fans at a taping of "The Colbert Report" Thursday were excited about the news.
They said they hope he follows his own lead and keeps the character they love when he moves on to the Late Show.
"Seeing as Stephen is trained as an improviser and Stephen is experienced as an interviewer, I think adapting his show to a late-night format will be amazing for him," said one person.
"I suspect that he's going to try to pull it in his direction," said another. "He's not going to do a white bread show, but will, in fact, try to infuse it with his blend of humor and some political standpoints as well."
CBS said it will decide later on whether or not to keep the Late Show in New York.