Stephen Colbert, CBS and Late Show
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Stephen Colbert got an assist on 'The Late Show' from some of his late-night rivals following CBS's sudden decision to axe the show.
CBS announced that the late-night show would be ending in May 2026, citing a "financial decision" amid a declining linear TV landscape.
Given that the last “celebrity” in the crowd was a cartoon Donald Trump, seemingly drawn in the style of the Colbert-produced Tooning Out The News, Miranda said, “Tell me this has nothing to do with who we just put a spotlight on.”
Stephen Colbert had a short response to Donald Trump after the president celebrated the cancelation of his show: “Go f– yourself. Colbert broke the news on Thursday that CBS will cancel “The Late Show” next May at the end of the 2025-2026 season — Colbert will also depart the network at that time.
Oliver called "The Late Show" cancellation “incredibly sad" but couldn’t help wondering what chaos Stephen Colbert might unleash on the way out.
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In case anyone worried Stephen Colbert was going to go quietly into the night after CBS canceled The Late Show, it’s clear he won’t. In an early clip posted from the show, Colbert responded to President Trump’s gleeful social media post about his firing.
On a recent episode of SiriusXM’s Andy Cohen Live, the Watch What Happens Live host cast doubt on the network’s purported financial motivation in a new way. Citing Matt Belloni’s claim on Puck News that The Late Show was losing more than $40 million a year for CBS,