Regis Philbin Retiring From 'Live With Regis and Kelly'After 40 years in the business, 'Live With Regis and Kelly' host Regis Philbin is retiring from morning television. The 79-year-old host announced the news on Tuesday's episode of his hit show, stating that he will leave the program sometime in late summer, although his exact end date has not been specified.

"I don't want to alarm anybody, but this will be my last year on the show," he said, igniting a chorus of groans from audience members.

Philbin has helmed different incarnations of 'Live' since 1983, when it was called 'The Morning Show.' His co-hosts have included Cyndy Garvey, Ann Abernathy, Kathie Lee Gifford and Kelly Ripa.

"It's been a long time," he said, "and it was the biggest thrill of my life to come back to New York, where I grew up as a kid watching TV in the early days, you know, never even dreaming that I would one day have the ability, or whatever it takes, to get in front of the camera and talk to it."