CBS, Late Show and Stephen Kimmel
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CBS will end "The Late Show with Stephen Colbert" and retire "The Late Show" franchise in May 2026, the company announced Thursday.
CBS said it planned to cancel Stephen Colbert's Late Show after next season, citing the weakening finances of late night
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Big Town Bulletin on MSNCBS cancels Stephen Colbert's late-night show, calling decision financial.3.66+The Late Show with Stephen Colbert,” the most-watched late-night program on U.S. broadcast television and a frequent platform of satire aimed at President Donald Trump, will end
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Meanwhile, Fox News Channel's "Gutfeld!" has surged to become late-night's highest-rated program. In the second quarter of 2025, the show hosted by Fox star Greg Gutfeld notched 3 million viewers and 365,000 in the 25-54 age demographic at the 10 p.m. ET hour.
The end of the 'Late Show' franchise is a major blow for a once-beloved TV format, which has lost relevance and advertising dollars.
While “The Late Show” host Stephen Colbert was on his usual mid-summer vacation earlier this month, CBS executives weighed the pros and cons of canceling the unique but unfortunately unprofitable show.
Comedian Rosie O’Donnell took to TikTok to voice her concerns about which of Trump’s critics could be next following the news CBS was axing The Late Show, hosted by Stephen Colbert, earlier this week.
Paramount faces scrutiny for agreeing to pay $16 million to settle a suit brought by Trump, amid a merger attempt that requires his administration's blessing.