He's been in the television business for over 40 years, most of his time was spent on 'Live With Regis and Kelly.' 79-year-old Regis Philbin  announced his retirement this morning.

Regis Philbin
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"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.

See the full story on PopEater.com.

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