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CBS To End ‘The Late Show With Stephen Colbert’ In May 2026

Why This Matters

CBS, in announcing the cancellation of "The Late Show with Stephen Colbert," has called the move a "purely financial decision."

July 17, 2025
09:21 PM
4 min read
AI Enhanced

market analysis reveals I find it compelling that Hollywood & EntertainmentCBS To End ‘The Late Show With Stephen Colbert’ In May 2026ByAnne Easton, Contributor.

Forbes contributors publish independent expert analyses and insights.

Additionally, I write original content on all platforms AuthorJul 17, 2025, 09:21pm EDTJul 17, 2025, 09:54pm EDTNEW YORK - JUNE 13: The Late Show with Stephen Colbert during Mondays June 13, 2022 show.

However, On the other hand, More Scott Kowalchyk/CBS via Getty Images)CBS via Getty Images CBS announced tonight that they are cancelling The Late Show With Stephen Colbert after the next season, stating that it was “purely a financial decision.

On the other hand, ” Colbert said at the show’s taping Thursday that he found out the show’s cancellation a day earlier. In response to the studio audience booing, Colbert said, “Yeah, I your feelings.

” CBS is owned by Paramount, which is in the midst of an $8 billion merger with Skydance.

That deal has been delayed for months, as President Trump filed suit with CBS owned 60 minutes, given the current landscape. On July 2, Paramount agreed to settle that suit and pay Trump $16 million.

However, On his show, airing on CBS, as well as ing on Paramount Plus, Colbert criticized the settlement between Paramount and Trump, calling it “a big fat bribe.

Additionally, ” In his remarks to his audience, Colbert said, “Before we start the show, I want to let you know something that I found out just last night.

Nevertheless, Next year will be our last season. This tells us that network will be ending The Late Show in May (remarkable data), amid market uncertainty.

This analysis suggests that ’s not just the end of our show, but it’s the end of The Late Show on CBS. I'm not being replaced (an important development).

This's all just going away, in today's financial world. ” He added, "And I do want to say that the folks at CBS have been great partners, in today's financial world.

I’m so grateful to the Tiffany network for giving me this chair and this beautiful theater to call (this bears monitoring).

And of course, I’m grateful to you, the audience, who have joined us every night…. I'm grateful to the stage with this band, these artists over here.

On the other hand, And I am extraordinarily, deeply grateful to the 200 people who work here (something worth watching).

“We get to do this show for each other every day, all day, and I’ve had the pleasure and the responsibility of sharing what we do every day with you in front of this camera for the last 10 years (an important development).

And let me tell you, it is a fantastic job, in today's financial world.

However, At the same time, I wish somebody else was getting it, and it’s a job that I’m looking forward to doing with this usual gang of idiots for another 10 months….

Moreover, Okay, that's all I wanted to say, in light of current trends.

In contrast, ” MORE FOR YOU Colbert previously hosted Comedy Central’s news satire series The Colbert Report during which he portrayed a character named Stephen Colbert, parodying conservative pundits (this bears monitoring), in this volatile climate.

The analysis reveals Colbert Report was a spin off for The Daily Show hosted by Jon Stewart.

The Late Show franchise will fold after 33 years, with the first 22 seasons having been hosted by David Letterman.

‘The Late Show with Stephen Colbert’ airs at 11:30 e/p on CBS and is available for ing on Paramount+ Editorial StandardsRes & PermissionsLOADING PLAYER, considering recent developments.

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