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Anti-Trump Former MSNBC, ESPN Host Surprisingly Says Prez Not to Blame for Colbert Cancellation

UNITED STATES, JUL 20 – CBS cited a $40 million annual loss for canceling Stephen Colbert's "The Late Show," despite strong ratings and controversy over Paramount's $16 million Trump settlement.

  • Last week, CBS announced the cancellation of The Late Show with Stephen Colbert, and CBS called the decision a `financial decision` due to mounting losses and legal settlements.
  • First warned around July 4, CBS faced mounting $40 million annual losses and Paramount’s $16 million settlement with President Donald Trump, prompting questions about the show's future.
  • Delivering a blistering critique, Stewart said `you are f---ing wrong` during his Monday night monologue on The Daily Show.
  • The Writers Guild of America responded immediately after the cancellation, calling for an investigation, while Senator Elizabeth Warren tweeted `A deal that looks like bribery`.
  • In the coming months, hosts like Jimmy Kimmel and Jimmy Fallon might face similar uncertainties, and industry insiders suggest more changes are expected as the late-night landscape shifts.
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Jon Stewart slams CBS for decision to cancel ‘The Late Show With Stephen Colbert’

Jon Stewart pulled no punches Monday over CBS’s cancellation of Stephen Colbert’s late-night show.

·Atlanta, United States
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NewsBusters broke the news in Washington, United States on Sunday, July 20, 2025.
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