18 July, 2025
cbs-cancels-the-late-show-with-stephen-colbert-for-financial-reasons

CBS has announced the cancellation of “The Late Show With Stephen Colbert,” effective May 2026. This decision marks the end of a significant era in late-night television, as Colbert has been a prominent liberal voice, especially during Donald Trump’s presidency. The announcement comes shortly after Colbert criticized a settlement between Paramount Global and Trump regarding a “60 Minutes” segment.

In a statement, CBS executives emphasized that the cancellation was “purely a financial decision” and clarified it was “not related in any way to the show’s performance, content or other matters happening at Paramount.” The network has seen shifts in viewership and financial pressures, prompting the need for cost-cutting measures.

David Letterman originally began hosting “The Late Show” in 1993, and Colbert took the reins in 2015. Under his leadership, the program became known for its sharp political commentary and engaging interviews, securing a loyal audience.

The cancellation of “The Late Show” highlights the changing landscape of television entertainment, where financial viability often takes precedence over audience loyalty. As CBS prepares for this transition, the impact on late-night programming remains to be seen.