CBS Cancels Stephen Colbert After Host Criticized Paramount For Trump Settlement
They’re claiming it’s due to “financial” reasons, but it’s clear this was due to Colbert’s recent criticism of his own network after their humiliating and pointless settlement with Trump, who filed a frivolous lawsuit against Paramount over a 60 Minutes interview with Kamala Harris. Via Variety:
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.”
“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.”
Yeah, right. Colbert’s show was the highest-rated late night show, regularly beating Jimmy Kimmel and the idiotic Jimmy Fallon. Colbert made the announcement at the opening of his show tonight:
Here’s how Stephen Colbert addresses the news of The Late Show’s cancellation in tonight’s cold open. (Full story: https://t.co/tmYOxRnnYe) pic.twitter.com/ype2dsE6Uy
— LateNighter (@latenightercom) July 17, 2025