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Barbara Walters' Final Show on 'The View' Will Air May 16

Barbara Walters will be signing off from her longtime hit daytime talk show The View on May 16 after seventeen years on the air.

“[I'm excited] to find out if there’s something I can do besides television,” Barbara told ABC News. “I did not sleep last night. I thought, ‘Am I doing it now? Should I do it later?’ But then I thought it was better to go when people are saying, ‘Why is she leaving?’ than, ‘Thank goodness she’s leaving!’”

Barbara announced nearly a year ago that she planned on departing daytime television and now her farewell has been set for May. She will continue to executive produce the series and be a lifelong member of ABC News.

“In this business there are legends, there are icons, and then there is Barbara Walters,” Robert A. Iger, Chairman and Chief Executive of The Walt Disney Company said. “She’s a dear friend and colleague as well as someone I deeply admire, and it’s impossible to fully convey her impact and influence on television. She broke barriers, defied convention, made history and set the standard for journalistic excellence for more than 50 years. It’s hard to imagine television without her.”

ARE YOU SAD to say goodbye to Barbara Walters on daytime television?

Jenny McCarthy Joins 'The View' as New Co-Host!

Jenny McCarthy has officially joined the cast of The View as a new co-host!

The news was confirmed on the Monday (July 15) episode of the show by series creator Barbara Walters.

“We are delighted that Jenny will be joining us starting in September,” Barbara said. “Jenny brings us intelligence as well as warmth and humor. She can be serious and outrageous. She has connected with our audience and offers a fresh point of view. Jenny will be a great addition to the show as we usher in an exciting new chapter for The View.”

Last week, Elisabeth Hasselbeck left the show for Fox & Friends after ten years on the program.

WHAT DO YOU THINK of Jenny McCarthy joining The View?

Photos of 'The View'

Elisabeth Hasselbeck's 'The View' Contract Not Being Renewed?

UPDATE: Barbara Walters made a statement on The View today, saying Elisabeth will not be leaving. “The truth is we love Elisabeth…We have no plans for Elisabeth to leave the show.”

Elisabeth Hasselbeck is reportedly not returning to The View next season, Us Weekly reports.

The 35-year-old co-host of the show has been around for nine years, but unfortunately, viewers did not find her views appealing, according to a source.

“The viewers they polled all said she was too extreme and right wing,” an insider said. “People did not watch the show because of Elisabeth. So they told her yesterday her contract would not be renewed.”

The news comes off the heels of Joy Behar‘s announcement that she would not be returning to the show after sixteen years.

ARE YOU SAD to see Elisabeth Hasselbeck leave The View?

Joy Behar Leaving 'The View' After 16 Years

Joy Behar is set to leave The View at the end of the current season after serving as a co-host for the past sixteen and a half years.

The 70-year-old talk show host is the last original panelist aside from series creator Barbara Walters.

“It seemed like the right time,” Joy told Deadline about not renewing her contract. “You reach a point when you say to yourself, ‘Do I want to keep doing this?’ There are other things on my plate I want to do — I’ve been writing a play, I’ve been neglecting my standup.”

Rumors have been swirling that Brooke Shields and Alexandra Wentworth are already being considered to step in as a replacement.

ARE YOU SAD to see Joy Behar leave The View?

Whoopi Goldberg & Joy Behar Walk Off 'View' Set

Joe Biden Set to Visit 'The View'

Kate Gosselin: 'The View' Guest Host!

Kate Gosselin will serve as a co-host on The View, JustJared.com has confirmed

The 34-year-old reality TV mama will be filling in for Elisabeth Hasselbeck, who will still be on maternity leave.

Kate will join the co-hosts’ table on September 14th and 15th while new episodes will start up again on Sept. 8.

Yesterday, it was announced that Victoria Beckham will be a co-host this season as well as Meghan McCain, LaToya Jackson, and Kathy Griffin.

Pictured here: The Jon & Kate Plus 8 star takes the latest cover of People!

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