Regis Philbin just broke your grandmother's heart. The 7,000-year old host of "Live! With Regis And Kelly" announced on this morning's broadcast that he will retire toward the end of the summer.

"This will be my last year on this show," he said. "It was the biggest thrill of my life. There is a time that everything must come to an end for certain people on camera, especially certain old people."

Kelly Ripa will remain with the show, and a new co-host (Jay Mohr?) will join her. Though it won't be the same show without an old guy misremembering guest's names, Philbin's departure will surely save ABC a ton of cash. What they spent on foundation alone... (Deadline)