VIDEO: COLBERT Declares 'I've Won Television' on Jon Stewart

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Funnyman Stephen Colbert, who will soon take over the reins for CBS's LATE SHOW, stopped by Jon Stewart's Daily Show last night and explained why he decided to give up his hosting gig on Comedy Central's The Colbert Report.'

"Jon please, I'm ending my show," Colbert said. "I have to. Jon, don't beg me to stay. You see, there is no mountain left to climb. It's become clear to me I've won television. At this point, I'm just running up the score."

"It's not really a contest," said Stewart, to which Colbert quipped: "Not anymore Jon, 'cause you see Jon, almost nine years ago, I promised to change the world, and together -- I did it."

Check out the appearance below!

THE COLBERT REPORT

Stephen Colbert is best known as the host, writer and executive producer of the long-running Emmy and Peabody Award-winning series "The Colbert Report" on Comedy Central. Colbert is also a best-selling author and accomplished actor.

"The Colbert Report" launched on October 17, 2005 and has garnered ratings and critical success as one of the top shows on television. The show received its second Peabody Award this year after first receiving the prestigious award in 2008. Since the shows inception, it has received 18 Primetime Emmy nominations and, in 2010, Colbert and his writing team won the show's second Emmy for Outstanding Writing for a Variety, Music or Comedy Program. The extraordinary platform of the show and Stephens unique persona have allowed Stephen Colbert to impact cultural discourse in profound ways.

In an effort to bring attention to campaign finance laws, Colbert applied for his own political action committee. At a hearing on June 2011, Colbert was granted permission by the Federal Election Commission to form his own Super PAC, Americans for a Better Tomorrow, Tomorrow. Since receiving approval, fans have signed up nationwide and sent along financial support to help the Super PAC continue to bring attention to campaign finance abuse. In a New York Times article on Colberts PAC, Sheila Krumholz, executive director of the Center for Responsive Politics states, He is taking on a serious subject that many Americans find deadly dull and is educating the broader public on why it matters and what is at stake.

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