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Video: CNN’s King to ‘hang up the suspenders’

  1. Closed captioning of: CNN’s King to ‘hang up the suspenders’

    >>> interviewing the world's biggest newsmakers but last night legendary broadcaster larry king made some news of his own. announcing the end of " larry king live " after 25 years. nbc's peter alexander has details. peter, good morning.

    >> reporter: willie, good morning to you. his career isn't over yet, but these stats are enough to cause a double take. larry king has interviewed nearly 50,000 people over more than 50 years in broadcasting. king said now he's tired of the nightly grind and explained that telling his staff tuesday the news was one of the saddest ten minutes of my life.

    >> good evening. before i start the show tonight, i want to share some personal news with you.

    >> reporter: for the last 25 years, larry king has hosted some of the world's biggest newsmakers. but tuesday night king himself was the one making headlines.

    >> i talked to the guys here at cnn and i told them i'd like to end " larry king live ," the nightly show.

    >> reporter: the announcement marks the end of a remarkable run for one of cable television 's legendary personalities. recently celebrated by "the guinness book of world records " for having the longest running show with the same host in the same timeslot on the same network.

    >> that's still the case?

    >> absolutely.

    >> reporter: if you wanted the country to listen, you sat down with layrry king.

    >> it was a tremendous traumatic experience.

    >> reporter: from his perch in prime time , king, now 76, interviewed a parade of international icons, politicians, and celebrities.

    >> people would get so comfortable with him that they would say things they didn't plan on saying. that was his secret. he engaged them at such a level.

    >> reporter: perhaps king's defining moment came in 1992 when a then relatively unknown texas billionaire, ross perot , announced his candidacy for president on "layrry king live."

    >> we, the people. you register me in 50 states .

    >> who do you want to sit there after you go?

    >> reporter: speculation about king's retirement and a possible successor has been swirling for months. among the names mentioned, katie couric , piers morgan , and king's personal choice , ryan seacrest .

    >> whoever is going to replace larry king has obviously very big shoes to fill.

    >> reporter: while reports of king's marital problems with seventh wife shaun southwick this spring, the talk show host says family is his top priority.

    >> cnn has graciously accepted to agree to giving me more time for my wife and i to get to the kids' little league games. detroit, hello.

    >> reporter: king was among the first tv hosts to invite viewers to phone in. on tuesday night the cast of callers offering their best wishes included former first lady nancy reagan .

    >> lots of luck, larry.

    >> you're a doll.

    >> i'll miss you.

    >> reporter: tuesday night the cable news pioneer had the final word, referencing the unforgettable item that became his signature.

    >> with that chapter closing, i'm looking forward to the future. what my next chapter will bring. for now, for here, it's time to hang up the nightly suspenders.

    >> reporter: pulled out the baby blues on that final night . king may still break those suspenders out from time to time in the future. he told his audience he'll be back hosting specials on national and international events going forward. willie, a little bit too early to try to break into the king closet and get a hand on those.

    >> i guess so. peter, thanks so much. meredith --

    >> willie geist live. i like that.

    >> i don't have any suspenders, that's the problem. it's going to be strange not having larry king in our lives.

    >> 50,000 interviews in 50 years, that's amazing.

    >> al gore / ross perot debate is the highest watched thing ever in the history of cable television .

    >> i did not know that.

    >> he has a heck of

Image: Larry King
Jordan Strauss  /  Getty Images
Larry King says he's stepping down as anchor from "Larry King Live" this fall, and if it were up to him, he'd be replaced by Ryan Seacrest.
By
updated 6/30/2010 8:39:31 AM ET 2010-06-30T12:39:31

Larry King, who has interviewed statesmen and stars from a prime-time perch at CNN for 25 years but has seen his ratings sag recently, said Tuesday that he will step down this fall from his nightly show.

"It's time to hang up my nightly suspenders," King said in a message sent to fans via Twitter.

King said he will do occasional specials for CNN. He recently reached his 25-year anniversary and takes pride in a Guinness Book of World Records citation for hosting the longest-running show on the same network in the same time slot.

The long-time radio host was a pioneer in cable television, his desk considered a valued spot to sit for anyone interested in talking to the nation. King's interview style was plain-spoken and critics would suggest occasionally ill-prepared, but he was good at making his guests feel comfortable and ready to talk.

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King said he felt no pressure from CNN to leave. He said he began thinking about stepping down as his 25th anniversary week ended earlier this month, on the airplane home after interviewing basketball star LeBron James. During that week, he also spoke to Bill Gates, President Barack Obama and Lady Gaga — an apt example of the mix that he always sought on his show.

"I said, 'I can't top this,'" King said in an interview Tuesday.

"I'm tired of the nightly grind," he said. "I do want to do other things but I want to stay at CNN in some way. ... There's a case of great mixed emotions."

King told his staff during a conference call Tuesday that he called "one of the saddest 10 minutes of my life."

As cable news audiences gravitated toward politically pointed shows and newsmakers found many more outlets for interviews, King slipped behind Fox News Channel's Sean Hannity and MSNBC's Rachel Maddow in the ratings. During his interview with Lady Gaga, the 76-year-old broadcast veteran had people wondering if he was really connecting with a pop star a half century his junior.

He's conducted an estimated 50,000 interviews during a 53-year broadcasting career.

He said he always tried to ask short questions, never come in with an agenda and "I left my ego at the door."

"I never learned a thing while I was talking," he said. "That would be my motto."

CNN is in the midst of remaking its prime-time lineup and last week announced that former New York Gov. Eliot Spitzer and conservative columnist Kathleen Parker would co-host an 8 p.m. EDT show on politics and current events.

CNN executives often have said that when "Larry King Live" ends, it won't necessarily be replaced by a similar show. Recent published reports have suggested that "America's Got Talent" judge Piers Morgan could be a candidate for a show in that time slot. CBS' Katie Couric has been considered a potential successor, although that talk has cooled lately.

King said if it was up to him, Ryan Seacrest would be the best choice to fill his shoes.

He dismissed a series of stories this spring questioning his future and speculating about possible successors.

"You can't worry about things you can't control," he said. "I can't control if a newspaper is going to speculate about something or if a blog is going to speculate. ... If I let it get me, I'll go nuts. So what I try to do, and I'm not being morbid, I just try to do the best show I can. If it works, it works."

King said he was able to see the baseball all-star games of his sons this weekend. If it was during the week, he'd miss them.

"I'm never going to see these again," he said. "They're not going to repeat themselves. They're 11 and 10. They're not going to be 11 and 10 again."

© 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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