(Fox News) David Letterman, 66, rattled the entertainment industry on Thursday when it was revealed that after more than 32 years and almost 6,000 episodes in the late-night arena, he will retire in 2015 when his CBS contract expires. According to a source closely connected to the “Late Show” host, newly appointed “Tonight Show” host Jimmy Fallon – his direct competition – inadvertently gave Letterman the final nudge.
“David is older now; he had heart surgery some time ago and sees both Jimmy Kimmel [of ABC’s “Jimmy Kimmel Live!”] as well as the more formidable Jimmy Fallon now gaining on him…” the insider told FOX411. “Fallon is getting record ratings so Letterman will segue out while he’s still on top. It’s dignified. If Fallon weren’t so hot, he might have stuck around longer.”