Late-night television fans were left heartbroken today as news broke about Jimmy Kimmel’s sudden announcement that he will be stepping away from

Jimmy Kimmel Live! after more than two decades as host. The beloved comedian and talk show icon shared the

emotional decision during Monday night’s taping, revealing that his final episode will air later this year.

Kimmel, who has been a staple of ABC’s lineup since 2003, cited a desire to spend more time with his family and focus on personal projects as the reason for his departure.

This show has been my life for 20 years, but it’s time for a new chapter,” he told the audience, fighting back tears.