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'Gloves Are Off': Cancelled Late Show Host Comes Out Swinging for Trump

NEW YORK CITY, JUL 22 – CBS canceled The Late Show despite strong ratings, citing financial losses estimated at $40 million to $50 million annually, amid speculation over political motives tied to a $16 million Trump settlement.

  • Last Thursday, CBS announced that The Late Show with Stephen Colbert will end in May 2026, citing financial reasons, after years of declining late-night revenues.
  • Amid its pending merger, Paramount sought FCC approval for an $8 billion takeover, following a $16 million settlement from Trump over a lawsuit related to a Kamala Harris interview.
  • Facing Trump’s gloating, Colbert said, `How dare you, sir? Would an untalented man be able to compose the following satirical witticism? Go f**k yourself`, drawing cheers from his live audience.
  • Trump gloated on Truth Social, posting `I absolutely love that Colbert got fired` after CBS announced the show’s end in May 2026.
  • On Friday, the Writers Guild of America urged Letitia James to investigate the show's cancellation over concerns it may be a 'bribe' tied to merger approval.
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On air on Monday, the host criticized CBS and mocked the U.S. president three days after the scheduled end of The Late Show.

·Montreal, Canada
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Washington Times broke the news in United States on Monday, July 21, 2025.
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