Fox News host Howard Kurtz isn’t buying that CBS axed Stephen Colbert solely for financial reasons. Kurtz called out CBS’ parent company Paramount on Media Buzz Sunday, accusing it of cancelling The Late Show With Stephen Colbert in order to gain President Donald Trump’s approval.

President Donald Trump was gleeful over Stephen Colbert's cancellation, saying his "talent was even less than his ratings" on Truth Social.

CBS has claimed that the cancellation of Trump-bashing show was a ‘financial decision’ despite timing of merger

Later, Schiff did address CBS’ decision to cancel Late Show, writing on X, “Just finished taping with Stephen Colbert who announced his show was cancelled. If Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better.”

CBS News analysis finds that up to $63 million has been raised for Mr. Trump's future presidential library so far from legal settlements alone.