Larry King Larry King

After 25 years on the air, Larry King will step down from his nightly CNN show this fall, the TV anchor announced via Twitter Tuesday.

"I talked to the guys here at CNN and I told them I would like to end Larry King Live, the nightly show, this fall," King, 76, said in a statement on CNN.com. "CNN has graciously accepted, giving me more time for my wife and I to get to the kids' little league games."

CNN denies Piers Morgan replacing Larry King

The announcement comes two weeks after CNN shot down reports that America's Got Talent judge Piers Morgan was close to a four-year deal to replace King in the fall.

Morgan, 45, also hosts a British news program called Piers Morgan's Life Stories and is a former editor of Britain's The Mirror. If chosen to succeed King, he would be the first British journalist with an American primetime news program.

Check out videos of Larry King

No word on who will take over his time period, but King will remain in the CNN fold, hosting several specials on national and international topics.

"I'm incredibly proud that we recently made the Guinness Book of World Records for having the longest running show with the same host in the same time slot," King said. "With this chapter closing I'm looking forward to the future and what my next chapter will bring, but for now it's time to hang up my nightly suspenders."

King's departure follows that of fellow primetime anchors Campbell Brown, who exited last month, and Lou Dobbs, who left CNN in November.

Watch King address his exit in the video below: