Piers Morgan Takes Over For Larry King At CNN

It's official! Piers Morgan has landed the coveted CNN time slot that has been held by Larry King for the past 25 years.

The news organization made the long-awaited announcement today.

Morgan, 45, will begin his new CNN job as host of a "candid, in-depth newsmaker interview program" in January. In a statement, Morgan had this to say about King:

“I have watched Larry King Live for much of the last 25 years, and dreamed of one day filling the legendary suspenders of the man I consider to be the greatest TV interviewer of them all."

Reports claim that Simon Cowell, Morgan's fellow judge on Britain's Got Talent, helped negotiate his multi-million dollar CNN deal.