David Letterman will soon be out.
And Stephen Colbert is officially in.
The Comedy Central host was announced today as the replacement for Letterman on The Late Show when he steps down next year - and, based on initial celebrity reaction via Twitter, this is very good news...
Ryan Seacrest: Can't wait to get to know the real Stephen Colbert. Congrats @StephenAtHome.
Michael Ian Black: Congratulations to Stephen Colbert the person and condolences to Stephen Colbert the character.