Turns out the rumors are true: CNN is soon going to drop “Larry King Live” from its lineup. The Suspendered One announced Tuesday that he’ll retire this fall after 25 years with the show to spend more time with his family, but he will stay with the cable channel for other projects. –KA

“On the Air” in Variety:

After weeks of speculation, Larry King has confirmed that he’s stepping down from his CNN talk show, “Larry King Live,” after 25 years.

King first broke the news himself via his Twitter account.

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