Craig Ferguson Reportedly Leaving 'The Late Late Show'

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Craig Ferguson Reportedly Leaving 'The Late Late Show'
Comedian Craig Ferguson poses at the Cool Comedy's Hot Cuisine Benefit for the Scleroderma Research Foundation at the Four Seasons Hotel on Tuesday, April 30, 2013 in Beverly Hills, Calif. (Photo by Chris Pizzello/Invision/AP)
Craig Ferguson arrives at the "Stand Up For Gus" Benefit at Bootsy Bellows on Wednesday, Nov. 13, 2013 in West Hollywood, Calif. (Photo by Paul A. Hebert/Invision/AP)
Host Bob Saget, right, shares a laugh with comedian Craig Ferguson at the Cool Comedy's Hot Cuisine Benefit for the Scleroderma Research Foundation at the Four Seasons Hotel on Tuesday, April 30, 2013 in Beverly Hills, Calif. (Photo by Chris Pizzello/Invision/AP)
Craig Ferguson announces the nominees for record of the year at the Grammy Nominations Concert on Wednesday, Dec. 1, 2010, in Los Angeles. (AP Photo/Matt Sayles)
Craig Ferguson poses for a portrait during the "Brave" press day at Loews Hollywood Hotel on Monday June 18, 2012 in Los Angeles. (Photo by Todd Williamson/Invision/AP)
L.L. Cool J, left, and Craig Ferguson announce the nominees for record of the year at the Grammy Nominations Concert on Wednesday, Dec. 1, 2010, in Los Angeles. (AP Photo/Matt Sayles)
Actor Craig Ferguson arrives at the premiere of the animated feature film "Winnie the Pooh" at The Walt Disney Studios in Burbank, Calif., Sunday, July 10, 2011. The film opens in theaters on July 15. (AP Photo/Dan Steinberg)
Actor Craig Ferguson arrives at the premiere of the animated feature film "Winnie the Pooh" at The Walt Disney Studios in Burbank, Calif. on Sunday, July 10, 2011. The film opens in theaters on July 15. (AP Photo/Dan Steinberg)
Former NFL player Steve Young, TV Host Craig Ferguson, center, and former NFL player Jerry Rice present at the 2nd Annual NFL Honors on Saturday, Feb. 2, 2013 in New Orleans. (Photo by AJ Mast/Invision/AP)
IMAGE DISTRIBUTED FOR THE HOLLYWOOD REPORTER - From left, actors Craig Ferguson and Vera Farmiga at "The BATES MOTEL Party" presented by A&E and the Hollywood Reporter at 2013 Comic-Con International on Saturday, July 20, 2013 in San Diego. (Photo by Todd Williamson/Invision for The Hollywood Reporter/AP Images)
Craig Ferguson signs an autograph
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SELA WARD & CRAIG FERGUSON at the 57th Annual Primetime Emmy Awards in Los Angeles. September 18, 2005 Los Angeles, CA. 2005 Paul Smith / Featureflash
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LOS ANGELES (AP) - A few weeks after David Letterman announced he'd be retiring from the CBS late-night television lineup, Craig Ferguson did the same.

Ferguson, host of "The Late Late Show" since 2005, told his studio audience during Monday's taping that he will step down at the end of the year. Ferguson's show airs after Letterman's, at 12:35 a.m. on weekdays.

The move was no surprise after CBS announced that Stephen Colbert will replace Letterman next year. There was a time that Ferguson, whose show won a Peabody Award in 2009, was considered a strong contender for that job.

But "The Late Late Show" has faded in the ratings, particularly with the arrival of Seth Meyers in February as competition in the same time slot.

"CBS and I are not getting divorced, we are consciously uncoupling," Ferguson said. "But we will still spend holidays together and share custody of the fake horse and robot skeleton, both of whom we love very much."

He told the audience it was his decision to leave, adding, "CBS has been fine with me."

CBS Entertainment Chairwoman Nina Tassler said Ferguson "infused the broadcast with tremendous energy, unique comedy, insightful interviews and some of the most heartfelt monologues seen on television."

Craig Ferguson Announces He's Leaving 'The Late Late Show'

The Scottish-born Ferguson, 51, became a U.S. citizen during his tenure on the show.

He already has a new job lined up, as host of "Celebrity Name Game," a syndicated game show set to debut later this year.

But he joked about his plans with the audience.

After his stint ends, "I'll go and do something else. Probably, I'm thinking, carpentry. But I haven't made my mind up yet. ... I feel like doing this show for 10 years, that's enough," he said.

Guest LL Cool J told Ferguson that "I hate to see you go."

It's been an unusually busy period of personnel changes in the late-night television arena. Jimmy Fallon took over the "Tonight" show on NBC from Jay Leno in February and was an instant sensation, ascending to the top of the ratings against Letterman and ABC's Jimmy Kimmel. Letterman announced that he would be leaving CBS after more than three decades in late-night TV.

Chelsea Handler also has said she will be leaving her late-night show on E!

CBS said it plans to continue "The Late Late Show" and will be searching for another host. There's another opening at Comedy Central, which is looking to replace "The Colbert Report" when it ends at the end of the year.

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