David Letterman has extended his contract with CBS to keep him with the network through 2015.
There had been rumours that he was retiring after his original contract was due to end next year.
The Hollywood Reporter says Letterman joked in a CBS statement “Les [Moonves] and I had a lengthy discussion, and we both agreed that I needed a little more time to fully run the show into the ground”.
By the time this contract is due to end Letterman will surpass Johnny Carson as the longest running late night talk show host.
Yahoo TV reports “CBS, which did not disclose the terms of the extension, said that Late Show’s audience has increased by 5 percent over the past year. It averages about 3.1 million viewers”.
Throughout 20 years the Late Show has earned nine Emmy Awards.
The Late Show will face new competition next year when Jimmy Fallon takes over The Tonight Show on NBC.