CBS, Colbert and Late Show
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Yes, CBS is canceling The Late Show franchise after more than three decades on the air. Stephen took over the show in 2015, and it was originally hosted by David Letterman. The Late Show will end in May 2026, CBS executives announced on July 17, 2025.
The network claimed it was “purely a financial decision.” “We consider Stephen Colbert irreplaceable and will retire ‘The Late Show’ franchise in May of 2026,” CBS executives’ statement read. “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.”
CBS could not figure out a path to profitability in an entertainment world increasingly dominated by streaming.
Prominent political figures as well as Hollywood stars have reacted with disgust over the news that 'The Late Show With Stephen Colbert' will end its run in 2026.
Donald Trump took to his TruthSocial platform Friday morning to revel in the announcement that CBS would bring the show to a close in May.