Comedy Central (DStv 122) is losing Stephen Colbert and will be losing Colbert Report in 8 months - Stephen Colbert has been chosen as the American late night successor in the place of David Letterman for The Late Show.
The Late Show with David Letterman was seen in South Africa on Sony Entertainment Television (DStv 127) until Sony decided not to renew the contract; in America The Late Show with David Letterman is broadcast on the CBS TV network.
With David Letterman retiring in 2015, Stephen Colbert from Comedy Central is taking over.
Comedy Central is owned by MTV Networks Entertainment Group, which is owned by Viacom - the world's fourth largest media conglomerate.
Media mogul Sumner Redstone is a controlling shareholder of both Viacom as well as CBS Corp which own the CBS network.
In a statement Comedy Central says Colbert Report will end in 8 months.
"Comedy Central is proud that the incredibly talented Stephen Colbert has been part of our family for nearly two decades. We look forward to the next eight months of the ground-breaking Colbert Report and wish Stephen the very best".
In a statement CBS announced Stephen Colbert as the next host of The Late Show.
"Stephen is a multi-talented and respected host, writer, producer, satirist and comedian who blazes a trail of thought-provoking conversation, humor and innovation with everything he touches".
"He is a presence on every stage, with interests and notable accomplishments across a wide spectrum of entertainment, politics, publishing and music. We welcome Stephen to CBS with great pride and excitement, and look forward to introducing him to our network television viewers in late night".
In the statement Stephen Colbert says "simply being a guest on David Letterman's show has been a highlight of my career. I never dreamed that I would follow in his footsteps, though everyone in late night follows Dave's lead.".
"I'm thrilled and grateful that CBS chose me. Now, if you'll excuse me, I have to go grind a gap in my front teeth".