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BTS and The Late Show worked together to transform the Ed Sullivan Theater to look how it did in 1964 when the Beatles made their U.S. television debut

BTS Pay Tribute to The Beatles for Their Debut on The Late Show with Stephen Colbert

The comparison of BTS to The Beatles is being taken to the next level.

The Korean pop boy-band — consisting of members Jungkook, Jimin, V, Suga, Jin, RM and J-Hope — rocked looks synonymous to the Fab Four (aka John Lennon, Paul McCartney, Ringo Starr and George Harrison) as they made their debut on The Late Show with Stephen Colbert on Wednesday night, and PEOPLE has an exclusive first look at their cold open with the host.

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While introducing BTS, Colbert said, “You may have heard there’s a new musical craze sweeping the globe, these fellas are really something. They’re called BTS and people are so excited you can only call it BTS Mania.”

“These boys are from across the pond, the big one, the one with Hawaii in the middle,” he continued. “They really are a fine group of youngsters, in fact, you can call them the fab seven. It’s got a nice ring to it.”

Colbert then had the band members introduce themselves before letting the audience in on the fact that they each go by the same nickname — “the cute one.”

Image zoom BTS Scott Kowalchyk/CBS

For their appearance, BTS and The Late Show worked together to transform the Ed Sullivan Theater — where the show tapes — to look reminiscent of how it did in February 1964 when The Beatles made their U.S. television debut on The Ed Sullivan Show. Adding to the nostalgia factor was Colbert dressed up as late show host Ed Sullivan.

On Wednesday night’s episode, BTS will also sit down for an interview with Colbert and perform their hit “Boy With Luv,” which they released in April with a feature from Halsey.