(NEW YORK) -- The Late Show will stay in New York's historic Ed Sullivan Theatre after Stephen Colbert takes over for David Letterman, officials announced Wednesday.
The decision is in line with a commitment by CBS for approximately 200 local jobs to support the daily program's schedule.
"New York has long been an international entertainment leader, and with this commitment from CBS we are beginning the next chapter in that proud history,” New York Gov. Andrew Cuomo said in a statement Wednesday.
David Letterman is set to pass down the show to Colbert in 2015 after a 21-year run. The late-night host announced his retirement during an April 3 broadcast.
"David Letterman has graced this hall and city with comedy and entertainment that defined a generation," said Leslie Moonves, president and CEO of CBS Corporation. "When Dave decides to pass the baton next year, we look forward to welcoming Stephen Colbert, one of the most innovative and respected forces on TV, to this storied television theater. I would also like to applaud Gov. Cuomo for all that he has done to keep New York a vibrant and attractive location for all forms of television production. We’re excited to be here in late night for many years to come."
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