Colbert will be executive producer of the show, likely to include the voice of a former Chicago improviser.
The South African-born comedian once joked that he wouldn’t go to Chicago because “I don’t want to die.”
As the new artistic director, Cuddy is expected to enhance the festival’s presence in Chicago and nationally.
Emmy voters, always generous to Chicago talent, this year brought some new local faces into the nominees’ club.
Her show will be aimed at “viewers looking for a blend of heart, humor and information.”
Along with roaming from town to town in a touring company, performing on a ship is a rite of passage for up-and-coming Second City actors.
Bryant got her start in Chicago, performing in two Second City revues and with the all-female iO troupe Virgin Daiquiri.
“This is a private decision and neither he nor his representatives will make any further comment on this subject,” says the statement from his team.
Mark Wahlberg, Anthony Hopkins and director Michael Bay are expected at the Civic Opera House event.
Videos are being accepted online now, and producers plan a Sept. 11 tryout in Chicago.