Know who will be the first guest of Letterman's Netflix talk show

"Here's what I have learned - if you retire to spend more time with your family, check with your family first". And his first interviewee on "My Next Guest Needs No Introduction" will be former President Barack Obama.

President Barack Obama will be the guest on the show's debut episode, marking the former commander-in-chief's first talk who appearance since leaving the White House. The hip-hop executive is set to appear on late show legend David Letterman's upcoming "My Next Guest Needs No Introduction" series. Since its final episode in May 2015, he's avoided watching the show - now hosted by Stephen Colbert - or visiting as a guest.

It's a return to form for Letterman, too, who has said he does not miss hosting the "Late Show with David Letterman".

Other guests slated to be on the show include George Clooney, Malala Yousafzai, Jay-Z, Tina Fey and Howard Stern.

Letterman signed a deal with Netflix past year to develop the six-episode show, for which he will be paid $2 million per episode.

In addition to conventional interview settings, the late-night host will also conduct filed pieces in far and wide locations, which will be tied to the iconic guest featured in the episode, and it will give Letterman the chance to dig deeper on particular topics.

Starting Friday (January 12), Letterman's series will have a new episode air each week on the digital streaming giant. Netflix and the Radical brothers put this show idea together.

On announcing the new Netflix show last August, Letterman commented: "I feel excited and lucky to be working on this project for Netflix".

"All of us in leadership have to find ways in which we can re-create a common space on the Internet", Obama said.