In this 2012 AP file photo provided by Madame Tussauds wax museum, Stephen Colbert reacts to seeing his wax figure for the first time at Madame Tussauds in Washington. CBS has announced that Colbert will host "The Late Show" after David Letterman retires.

Comedian Stephen Colbert will be the next host of "The Late Show." CBS said Thursday that the "Colbert Report" star will take over hosting duties for the long-running late-night talk franchise when David Letterman retires in 2015. Colbert and the network have reached a five-year agreement, the broadcaster said. Letterman, who has hosted the show for 21 years, last week announced his retirement on the program. CBS did not give any details on the creative direction of the show once Colbert takes over, nor did it say where the series will be produced/Los Angeles Times. More here.

Question: Do you like choice of Colbert by CBS?