David Letterman, one of the most popular late-night TV talk show hosts, will be on the air until at least 2010.

The three year extension was announced by the network on Monday, reports Reuters. The deal means that Letterman will be hosting the “Late Show” past the 2009 retirement of long-time rival Jay Leno, who holds top spot in the ratings.

“I’m thrilled to be continuing on at CBS,” the 59-year-old Letterman said in a statement. “At my age you really don’t want to have to learn a new commute.”

Though financial details weren’t disclosed, it was reported that the TV host had negotiated an annual salary of $31.5 million US when his last contract renewal came up four years ago.






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