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British TV host Piers Morgan will take over Larry King's prime-time hour with "a candid, in-depth newsmaker interview program" starting in January, CNN announced Wednesday.

Iconic TV interviewer Larry King will step aside from hosting his prime-time CNN show this fall, he said. King said he will still be hosting specials on CNN.

John King is replacing Lou Dobbs on CNN. Jon Klein, CNN president, said Thursday that veteran reporter King will move into the 7 p.m. EST slot that's been vacated by Lou Dobbs. King will host a show about politics beginning early next year.

Lou Dobbs, the CNN anchor whose views on immigration made him a lightning rod, is leaving the network.

CNN, which invented the cable news network more than two decades ago, finishes fourth behind Fox News, MSNBC and its own HLN.