Bob Barker (search), host of the television game show "The Price is Right," (search) has been inducted into the Academy of Television and Arts & Sciences Hall of Fame.

Barker, 80, received the honor Saturday from action star Chuck Norris (search), his friend of 30 years. Barker has been hosting the popular show for more than 30 years.

"They may in the future induct people who deserve it more than I, but they will never induct anyone who appreciates this honor more than I," Barker told KCAL-TV.

Other inductees Saturday included Katie Couric and Dan Rather.