In a surprise announcement Regis Philbin said today that he is calling it quits and retiring from his long-time morning show "Live With Regis and Kelly".

Regis, 79, made the announcement at the start of Tuesday morning's "Live With Regis and Kelly," which he has hosted for a quarter-century, most recently sharing hosting duties with Kelly Ripa.

Philbin said he would be stepping down from the show around the end of the summer, but he didn't specify a departure date.

Regis has been a TV staple for over 50 years hosting a variety of local and network shows. His resume includes late night talk, game shows and, for the past 26 years, the nationally syndicated "Live With Regis and Kathie Lee" (1985-2000) and "Live With Regis and Kelly" shows. He is also holds the Guinness  World Record for the most hours spent in front of a TV camera, some 16,100 as of 2008.

Regis Philbin
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