Letterman Extends Tenure at CBS

The news comes with much less drama attached this time, but David Letterman is staying with CBS.

The network announced Monday that the "Late Show" host will remain at CBS through the fall of 2010, which would give him 17 years there. He took up residence at CBS in 1993, after 11-plus years hosting "Late Night" on NBC.

"I'm thrilled to be continuing on at CBS," Letterman says, adding, "At my age you really don't want to have to learn a new commute."

News of Letterman's contract talks began circulating several months ago, but the deal wasn't finalized until recently. Negotiations were apparently conducted quietly, in contrast to four years ago when ABC tried to get Letterman to jump ship.

"Thirteen years ago, David Letterman put CBS late night on the map and in the process became one of the defining icons of our network," CBS Corp. president and CEO Leslie Moonves says. "His presence on our air is an ongoing source of pride, and the creativity and imagination that 'The Late Show' puts forth every night is an ongoing display of the highest quality entertainment. We are truly honored that one of the most revered and talented entertainers of our time will continue to call CBS home."

The extension will also keep Letterman on the air longer than Jay Leno, the man NBC chose over him to replace Johnny Carson as host of "The Tonight Show." Leno is slated to cede his spot to current "Late Night" host Conan O'Brien in 2009.

"The Late Show" has won nine Emmys during its time on CBS, including six for outstanding variety, music or comedy series. Letterman will celebrate 25 years in late-night TV in February.