Colbert is taking over the show in 2015 and the state of New York was apparently worried that the change in hosts meant a change in locations. But according to Reuters, tax credits offered by the state to CBS solidified their commitment to keep the show in the only place it has ever been — Manhattan's Ed Sullivan Theater.
New York Governor Andrew Cuomo made the announcement on Wednesday, pledging tax credits for job commitments from CBS Corp. Those tax commitments mean at least $11 million in state tax credits over five years. They will also be receiving $5 million in grants to renovate the Ed Sullivan Theater.
The show employs around 200 people in the New York area.
Colbert was first announced as the new host back in April, just days after Letterman announced he was retiring. Although there was plenty of speculation on who would be hired, Colbert seemed the obvious choice in the end.
Politicians in California have been working to get the show to move to Los Angeles, since New York just lost another late show. Jay Leno had filmed The Tonight Show near Los Angeles, but when Jimmy Fallon took over in February, he moved the show back to New York. ABC's Jimmy Kimmel still films his show in Los Angeles.
Although David Letterman announced his retirement months ago, he has only said his last day will be sometime in 2015. It's not yet clear when Stephen Colbert will be taking the helm.
Daily Show correspondent Larry Filmore has been announced as Colbert's replacement on Comedy Central.
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