America has David Letterman for at least another two years

From a CBS press release sent out Friday:

CBS and Worldwide Pants announced today a contract extension for David Letterman to host the LATE SHOW with DAVID LETTERMAN through 2015.

“Les and I had a lengthy discussion, and we both agreed that I needed a little more time to fully run the show into the ground,” said Letterman.

“There is only one Dave, and we are extremely proud that he continues to call CBS ‘home,’” said Leslie Moonves, President and Chief Executive Officer, CBS Corporation.

@eScarry