The 11:30pm weeknight timeslot won’t be such a bad place to be even after The Colbert Report host Stephen Colbert ends his popular late-night Comedy Central satirical news program sometime next year (prior to its 10th anniversary) and takes over hosting CBS’ Late Show from the retiring David Letterman.

Launching early next year in Colbert’s old timeslot will be The Minority Report, hosted by Larry Wilmore. Wilmore, best known to loyal viewers of The Daily Show with Jon Stewart as the “Senior Black Correspondent” since 2006, has also written in the past for comedy series like In Living Color and The Fresh Prince of Bel-Air and co-created the Eddie Murphy-starring, clay-animated sitcom The PJs and The Bernie Mac Show (which he also produced) for the Fox Network. Over the course of his career in television, Wilmore has been nominated for three Emmys, winning one for Bernie Mac, and received the prestigious Peabody Award in 2001 for the same series. In 2009, Wilmore published his first book, I’d Rather We Got Casinos and Other Black Thoughts, and as an actor he has had small roles in I Love You, Man and Dinner for Schmucks.

Recently Jay Leno stepped down as the host of The Tonight Show and was replaced by Jimmy Fallon. Even more recently, Late Show host and longtime Leno rival David Letterman also announced that he would be retiring in 2015, effectively ending an era of late night TV many of us have known for most of our lives whether we watched the shows or not.

So of course the big question on everyone’s mind was who would be chosen to replace Letterman? Would it be Craig Ferguson from within CBS similarly to how NBC brought up Fallon? As it turns out, no. It’s been officially announced that they’ve chosen Stephen Colbert, host of the popular Comedy Central political satire show The Colbert Report, to replace Letterman. Unfortunately this also means that Colbert Report will be coming to an end.

You can read the press release of the announcement below.

Earlier this week, Breaking Bad creator Vince Gilligan made an appearance on The Colbert Report, where he answered some of host Stephen Colbert‘s hard-hitting questions about the popular series, which just ended on Sunday after five seasons on AMC.

You can watch the 2-part video interview here below.

Also below is the episode’s closer, where Colbert shows us just how much he’s going to miss Breaking Bad and how just how far he’s willing to go to get some more episodes. From the video, it appears that Colbert’s maniacal plan is already in motion. It’s a must-watch.

In one of the more unexpected announcements, it’s been revealed that Stephen Colbert, the host of Comedy Central’s The Colbert Report, will have a cameo at some point in director Peter Jackson‘s upcoming trilogy adaptation of The Hobbit.

Colbert is a huge fan of The Lord of the Rings and J.R.R. Tolkien’s work as a whole, and he was even invited to the set in New Zealand to visit and check out 25 minutes from the movie. It appears this visit is what turned into the cameo appearance.

Talk about having some pull.

Apparently Stephen Colbert is truly as cool as one would expect, as his show, The Colbert Report, will play host to iconic musical group Radiohead, for a special, one-hour-long show, on Monday, September 26. From 11:30pm to 12:30am, the band will play tracks from their latest album, King Of Limbs, including new and unreleased tracks.