Drew Carey is the new Bob Barker

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Comedian Drew Carey will become the new face of CBS’ ‘The Price Is Right,’ network sources confirmed this afternoon. The decision concludes a yearlong search to replace the iconic Bob Barker, who hosted the hit daytime program for the last 35 years and retired earlier this summer.

Carey is scheduled to announce his new position tonight on ‘Late Show With David Letterman.’

‘During your ‘Harry Potter’ bit,’ Carey said to Letterman. ‘Honestly it was like 15 minutes ago – they called me. It’s a done deal. I’m the new host of ‘The Price Is Right.’”

Letterman’s sidekick, Paul Shaffer, and the CBS Orchestra played the theme to “The Price Is Right” in honor of Carey’s announcement.

Carey said that he’s not sure when he’s going to start working on “The Price Is Right,” but did say that already “my girlfriend was on the phone with a personal shopper from Bergdorf’s.”

Carey is also host of CBS’s new game show “Power of 10,” which premieres Tuesday, Aug. 7.

-- Martin Miller

(Photo: Ann Johansson / AP)