18 January 2011 Last updated at 12:09 ET

Regis Philbin announces retirement plan

Veteran US broadcaster Regis Philbin has announced he is retiring from his weekday talk show, which he has hosted for more than 25 years.

The 79-year-old presenter said he would step down from Live With Regis and Kelly around the end of the summer.

"There is a time that everything must come to an end for certain people on camera - especially certain old people," he said.

The show will continue with Kelly Ripa and a new replacement.

Philbin, who began his TV career in the 1950s, has also presented the US version of Who Wants To Be A Millionaire and the first series of America's Got Talent.

A three-time Emmy Award winner, Philbin also received the lifetime achievement award from the National Academy of Television Arts And Sciences at the Daytime Emmy Awards in 2008.