Can't wait for Howard to follow Stephen Colbert! http://www.deadline.com/2014/04/craig-ferguson-leaving-late-late-show/ Craig Ferguson Leaving â€˜Late Late Showâ€™: Video By LISA DE MORAES, TV Columnist | Monday April 28, 2014 @ 5:10pm PDTTags: CBS, Craig Ferguson, David Letterman, Stephen Colbert inShare4 Comments (15) CBS is down one more late-night host â€“ Craig Ferguson just announced to his studio audience that he would not be re-upping his contract to host Late Late Show and will step down in December. â€œCBS and I are not getting divorced, we are â€˜consciously uncoupling,â€™ but we will still spend holidays together and share custody of the fake horse and robot skeleton, both of whom we love very much,â€ Ferguson said in the announcement, which immediately triggered speculation as to who would replace him. Ferguson has been the showâ€™s host since succeeding Craig Kilborn in January 2005; his contract was set to expire this summer, so it had been widely expected some decision on his CBS late-night future would be reached soon-ish. And all America recently was brought up to speed on the clause in that contract that landed him a pot of cash if the network looked elsewhere for its David Letterman replacement. That happened when CBS went with Stephen Colbert after Dave also surprised his studio audience with news he was stepping down in 2015. But Ferguson was quick to tweet his congratulations to Colbert the morning the news broke. That night, Ferguson opened his show with another shout-out to Colbert, after which he teased viewers with cracks about resigning â€” but only for the length of a commercial.