Trump cheers Colbert firing
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Colbert may not be able to sit anywhere he wants when his series ends, but he’s definitely going to have a few seats to choose from.
Colbert confirmed the cancellation during a show taping on Thursday. CBS said the move was "purely a financial decision against a challenging backdrop in late night."
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Stephen Colbert's 'The Late Show' has been canceled. See how musicians like Kristin Chenoweth, Rachel Zegler and Questlove are reacting to the news.
"Next year will be our last season,” the late-night talk show host announced Thursday, July 17. "The network will be ending 'The Late Show’ next May."
CBS will end "The Late Show with Stephen Colbert" and retire "The Late Show" franchise in May 2026, the company announced Thursday, calling it "purely a financial decision against a challenging backdrop in late night.
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Does the end of Colbert's show in May 2026 relate to the Paramount-Skydance merger? To Colbert's criticism of Donald Trump? To the demise of late night television? Who's to say?
CBS announced on Thursday that 'The Late Show With Stephen Colbert' would end in 2026, but the timing, coincidental or not, comes as Paramount tries to sell itself to Skydance.
CBS could not figure out a path to profitability in an entertainment world increasingly dominated by streaming.