For a new Newsweek cover story legendary comedian Jerry Seinfeld interviews the even more legendary Regis Philbin who is preparing to step down from his post on Live! after over 30 years. Jerry will actually be Regis’ temporary replacement when he leaves.
REGIS: I’ve worked for 55 years. I’m going to take a little time off, to tell you the truth. It’s just that now in the last couple of weeks, [executive producer Michael] Gelman is pouring it on. “Farewell to Regis!” It’s getting embarrassing.
JERRY: Let me explain to you something about our business. It’s all embarrassing. It’s the embarrassment business. That’s what I tell my kids if they say, “I feel embarrassed.” I say, “That’s good! When you’re embarrassed, you’re entertaining someone.”
