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It's Official, Piers Morgan to Replace Larry King

July 14, 2010 (9:28 am) GMT
Morgan will be the new anchorman for CNN, doing interviews with prominent figures in place of retiring King.
Piers Morgan

British broadcaster has signed a multi-million dollar deal to replace veteran newsman after he ends his 25-year run hosting "Larry King Live". The "tAmerica's Got judge inked an $8.25 million four-year deal for the coveted role presenting CNN's popular talk show, which features interviews with celebrities and prominent figures.

Morgan, who will work 30 weeks a year to film the nightly show, beat competition from hotly tipped "" host and news anchor to take the job. A source tells Britain's The Sun, "Bosses were impressed by the quality of Piers' interviews."

King, 76, announced last month he was stepping down to concentrate on his family and other projects such as radio.

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