Culminating their satirical coverage of the campaign, Comedy Central's Jon Stewart and Stephen Colbert teamed up for a live one-hour comedy special — though Stewart had his Cronkite moment, too.
Stewart became the first comedian to announce presidential election results on live national television.
Sensing the end was imminent, the broadcast delayed its signoff for a moment, as offstage producers gave the closing cue while hovering over TV monitors showing. When they said the election had been called, the comedians effectively became newsmen.
Interrupting a Colbert writhing in mock disappointment at John McCain's loss, a clearly moved Stewart announced: "I would just like to say, if I may ... that at 11 o'clock at night, Eastern Standard Time, the president of the United States is Barack Obama."
http://news.yahoo.com/s/ap/20081105/ap_en_tv/election_stewart_colbert