Philbin, who is 79, began his career on TV in the '50s, teaming up with Kathie Lee Gifford for their talk show in 1985. He has also hosted the popular game shows Who Wants to Be a Millionaire?, Million Dollar Password, and America's Got Talent. In 2004, Philbin set the Guinness World Record for most hours on camera, clocking in at 15,188—and still counting. Live will continue on after his departure with a new co-host for Kelly Ripa, who has sat alongside Philbin for the past ten years.
Here's Philbin announcing his retirement at the top of this morning's show:
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