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Stephen Colbert's takeover: 12 more months of Dave

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One size does not fit all when it comes to Worldwide Pants.

David Letterman's production company will have no ownership stake in “The Late Show” when Stephen Colbert takes over next year, a person with knowledge of the situation told TheWrap.

See video: Stephen Colbert's 10 Most Popular ‘Colbert Report’ Moments

While there is still no exact exit date for Letterman's 2015 retirement, Dave will likely have another 12 months behind the CBS desk, the person added.

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Kari Lucin
Kari Lucin joined the Grand Forks Herald as a multimedia producer in August 2014. Previously, she worked for a few years at the Jamestown Sun in Jamestown, N.D., as a staff writer, and prior to that, for about six years as staff writer and later online content coordinator, at the Daily Globe in Worthington, Minn. A graduate of Jackson County Central High School and Augsburg College, she has a bachelor's degree in philosophy and English. Find more of her writing at her blog, Oh Look, a Shiny Thing! or on Twitter at @karilucin.
(701) 780-1119
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