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Stephen Colbert's 'Late Show' will stay in New York

Los Angeles may be the long-reigning entertainment hub, but New York’s getting a grip on the nation’s talk shows.

CBS’s Late Show will remain at the Ed Sullivan Theater in New York City, even as Stephen Colbert takes over hosting duties from David Letterman next year. The decision was announced Wednesday by network CEO Leslie Moonves and New York Governor Andrew Cuomo. READ FULL STORY

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