JUST IN: CBS Cancels Late Show with Stephen Colbert

CBS canceled the Late Show with Stephen Colbert for financial reasons.

The show will end after the next season in May 2026.

Variety reported:

TV’s ongoing problems with late night have come for Stephen Colbert, with CBS announcing Thursday that it plans to end his “Late Show” after the next TV season, citing a “financial decision.”

The decision — which ends years of original late-night programming at CBS that started when the network lured David Letterman from NBC in 1993 — comes as the economics of wee-hours TV have begun to accelerate, with media companies growing wary of the high price tags involved in producing the shows while the young viewers they try to attract watch more of them via digital video.

“We consider Stephen Colbert irreplaceable and will retire ‘The Late Show’ franchise” in May of 2026,” CBS executives said in a statement. “We are proud that Stephen called CBS home. He and the broadcast will be remembered in the pantheon of greats that graced late night television. This is purely a financial decision against a challenging backdrop in late night. It is not related in any way to the show’s performance, content or other matters happening at Paramount.”

Earlier this year, self-important loser Stephen Colbert said Trump would pull him off the air.

“Yeah, it’s been a good run. It’s been a good run, Joe. Thank you. Thank you for all your efforts. The next time you all see me, Donald Trump will be president. And you may not see me,” the anti-Trump comedian told viewers.

“Tonight, it’s just a little, little, a little bit of sweet and sour, a little semi-sweet chocolate chip. It’s the end of an era, because this is our last show of the Biden Administration.”

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