Prominent political figures as well as Hollywood stars have reacted with disgust over the news that 'The Late Show With Stephen Colbert' will end its run in 2026.

CBS could not figure out a path to profitability in an entertainment world increasingly dominated by streaming.

TV hosts and celebrities are reacting to news of the cancellation of "The Late Show with Stephen Colbert" and the entire franchise.

The president on Friday openly basked in the news and suggested that Jimmy Kimmel might be "next" in losing his late night job.

Stephen Colbert took viewers by surprise this week when he announced The Late Show would be heading for the big TV schedule in the sky. The long-running series, which he has hosted since 2015, will leave screens next May. And not because Colbert is being replaced by a new presenter - the show is ending altogether.

Before Stephen Colbert's "Late Show" was canceled, Jon Stewart hadn't "heard anything" about whether his Comedy Central show would be canceled.

Stephen Colbert announced at the Thursday evening taping of “The Late Show with Stephen Colbert” that his show would be canceled at the end of the season.

“Given Paramount’s recent capitulation to President Trump in the CBS News lawsuit, the Writers Guild of America has significant concerns that The Late Show’s cancelation is a bribe, sacrificing free speech to curry favor with the Trump Administration as the company looks for merger approval,” it noted (see full statement below).