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Former late-night host says Colbert's show may be canceled due to declining viewership and revenue

UNITED STATES, JUL 31 – Samantha Bee cites financial losses exceeding $40 million annually and merger-related pressures as key reasons behind CBS ending Stephen Colbert's late-night show.

  • Comedienne Samantha Bee discussed the cancellation of Stephen Colbert's show and noted it was losing $40 million a year while accommodating 200 employees.
  • CBS cited the cancellation of Stephen Colbert's show as a financial decision due to losses of $40 million per year with a $100 million budget.
  • President Donald Trump celebrated the cancellation, expressing that legacy shows like Colbert's are 'hemorrhaging money' due to declining viewership.
  • Critics have suggested that the cancellation might be politically motivated, especially after Colbert's comments on a settlement involving Donald Trump.
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The Late Show, hosted by Stephen Colbert, has seen increased viewership since the program's hiatus. LateNighter reports, citing data from Nielsen, that Colbert has achieved his highest weekly market share since he began hosting the program in 2015.

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Deadline broke the news in Los Angeles, United States on Tuesday, July 29, 2025.
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