US EditionJon Stewart Slams CBS for Decision to Cancel ‘The Late Show With Stephen Colbert’
NEW YORK, UNITED STATES, JUL 23 – CBS canceled Stephen Colbert’s top-rated late-night show citing $40 million annual losses despite strong ratings amid controversy over a $16 million Trump settlement by parent company Paramount.
- On Thursday, July 17, 2025, CBS announced cancellation of The Late Show at The Ed Sullivan Theater, citing financial losses, with a May 2026 end date.
- Earlier this month, Paramount Global paid $16 million to settle with Trump, CBS’s late-night franchise lost $40 million annually, and lawmakers flagged an $8 billion Skydance merger.
- Jon Stewart lambasted CBS for `capitulation`, warned of `corporate fear`, and noted late-night TV’s financial struggles, on The Daily Show.
- During July 21 episode, Colbert mourned the show's end, quipped `it's sunk in that they're killing off our show, but they made one mistake` and branded the payout a `bribe`.
- Observers now question if big TV networks will continue supporting political satire amid President Donald Trump's retribution, raising broader industry concerns about free speech.
211 Articles
211 Articles
Jeff Crouere: Good night, good riddance to the late show
Next May, The Late Show with Stephen Colbert will officially cease production. CBS made the decision to end the program, which began in 1992 with David Letterman as host. After his retirement in 2015, Letterman was replaced by Stephen Colbert,…
How Trump Got Colbert Canceled
When CBS announced it would cancel The Late Show with Stephen Colbert, Donald Trump “truthed” as follows: “I absolutely love that Colbert got fired. His talent was even less than his ratings.” Summoning a gilt cartoon frame called the “eloquence cam,” Colbert replied: “Go f**k yourself.” His fellow talk show host, Jon Stewart, addressed CBS directly with the help of a backup gospel choir: “Go f**k yourself! (Go f**k yourself!) Go f**k yourself!”…
Democracy Now!
Progressive Hub“Big Fat Bribe”: Stephen Colbert’s Show Canceled After He Slams Trump & Paramount/Skydance Merger
The top-ranked show on late-night television, CBS’s The Late Show with Stephen Colbert, has been canceled, just days after Colbert skewered Paramount, the parent company of CBS, for settling a lawsuit brought by President Donald Trump. The lawsuit accused another CBS show, 60 Minutes, of biased editing in an interview with Kamala Harris during the 2024 election. Its settlement comes as Paramount works to finalize a lucrative merger with Skydance
After it was announced that his show was to be canceled, US comedian Stephen Colbert went berserk – and openly attacked Trump.
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