Conan O’Brien isn’t holding out hope for a late-night television comeback. Speaking at the 27th Television Academy Hall of Fame ceremony on Saturday, the former Late Night host declared that the traditional talk-show format is on its way out—for good.

Although The Late Show with Stephen Colbert is coming to an unceremonious end, Conan O’Brien is confident its host isn’t going anywhere. While speaking Saturday at his induction into the Television Academy Hall of Fame,

At the TV Academy's Hall of Fame, Conan O'Brien said late night TV is Dying, But Stephen Colbert is 'too talented and too essential to go away.'