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He is the longest-running late-night TV host in the United States, known for his signature mix of sarcasm and just plain strangeness.

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But David Letterman, he dropped a bombshell on his audience on Thursday. The comedian says he's calling it quits.

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Nischelle Turner has more.

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It's been great. You've been great. The network has been great, but I'm retiring.

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This is... really?

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Yep.

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This is true... this is... you actually did this?

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Yes, I did.

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The latest late-night shake-up.

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David Letterman, late-night television's longest-running host, surprised his audience Thursday night by announcing he's signing off next year.

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After 33 years, the 66-year-old host is retiring when his contract expires in 2015.

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Thank you. Thanks to everybody.

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The surprise announcement comes less than two months after his new top-rated competitor, Jimmy Fallon, took the reins of NBC's Tonight Show,

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at times nearly doubling the late-night veteran in ratings.

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I'm Jimmy Fallon and I'll be your host for now.

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Letterman still had an impressive audience every night at CBS.

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But he wasn't creating lots of new fans all the time the way that somebody like Jimmy Fallon is.

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Portions of Indiana at one time yesterday were under a flash flood warning.

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Letterman started off as a weatherman in Indianapolis.

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He launched Late Night with David Letterman on NBC in 1982, following The Tonight Show with Johnny Carson -- Letterman's idol.

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Always the heir apparent for when Carson retired,

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Letterman was stunned when NBC instead chose Jay Leno, sparking a rivalry that spanned more than two decades.

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They never told Dave that they had made this deal with Jay,

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and it was a huge blowup because Letterman felt like they'd stabbed him in the back.

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Letterman's heated departure from NBC led to the creation of The Late Show on CBS in 1993,

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taking Leno head-on.

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How are things at the White House? OK?

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For 21 years, he's been hosting stupid humans, pet tricks, singers and some of the biggest stars...

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You thought I was a...

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An (EXPLETIVE DELETED).

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...and delivering his signature top-ten list.

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Look at [this]. It's the top-ten list. Let's go.

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But it hasn't been all jokes. He took us through life-changing heart surgery in 2000.

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His first show after the 9/11 attacks serving as a key moment to help Americans move forward.

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If you didn't believe it before, you can absolutely believe it now.

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New York City is the greatest city in the world.

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Through all the ups and downs, Letterman continued to do what he loved.

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His run behind the desk eclipsing Johnny Carson's 30-year reign on late night --

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truly an end of an era.

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I said when this show stops being fun, I will retire ten years later.
