Larry King Announces Fall Exit from CNN Show

After 25 years on the air, Larry King will step down from his nightly CNN show this fall, the TV anchor announced via Twitter Tuesday.

"I talked to the guys here at CNN and I told them I would like to end Larry King Live, the nightly show, this fall," King, 76, said in a statement on "CNN has graciously accepted, giving me more time for my wife and I to get to the kids' little league games."

The announcement comes two weeks after CNN shot down reports that America's Got Talent judge Piers Morgan was close to a four-year deal to replace King in the fall.

Morgan, 45, also hosts a British news program called Piers Morgan's Life Stories and is a former editor of Britain's The Mirror. If chosen to succeed King, he would be the first British journalist with an American primetime news program.

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