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Stephen Colbert Ends Late Show Run With Paul McCartney Finale

The finale featured Paul McCartney and dozens of celebrity guests as CBS ended the 11-year run after citing financial losses.

  • On Thursday, Stephen Colbert concluded his 11th season of "The Late Show" with a final broadcast featuring Paul McCartney, marking the end of the 33-year franchise at the Ed Sullivan Theater.
  • CBS announced the cancellation last July, citing a "purely financial decision" against a challenging late-night backdrop; critics questioned whether political motives influenced the choice given Colbert's outspoken criticism of President Trump.
  • Despite cancellation, the program remained most-watched in its time slot, averaging 2.70 million viewers, while Colbert highlighted the "joy" he and his team experienced creating more than 1,800 episodes.
  • Byron Allen's "Comics Unleashed" will replace the show in the 11:35 p.m. ET time slot, while Colbert is already writing a script for a new "Lord of the Rings" movie with director Peter Jackson.
  • The show's set is being donated to the Museum of Broadcast Communications in Chicago, as late-night television faces declining viewership with programs seeing 70% to 80% drops since 2015.
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Stephen Colbert is gone – and no one should be surprised: how Late Night TV lost its audience and became a sermon (a comment).

Lean Right

Last summer, it was announced that the program would be taking off the air after 33 years. For years, it was the most-watched late-night show in the US.

·Netherlands (Kingdom of the)
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NewsBusters broke the news in Washington, United States on Tuesday, May 19, 2026.
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