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Stephen Colbert’s ‘Late Show’ is canceled by CBS and will end in May 2026

UNITED STATES, JUL 21 – CBS will retire The Late Show franchise due to declining ratings and financial pressures despite Colbert's show averaging 2.4 million viewers in the 2024-2025 season, network said.

  • CBS has announced it will end its long-running late-night program hosted by Stephen Colbert in May 2026, concluding a 33-year broadcast history.
  • The cancellation followed a $16 million legal settlement Paramount paid to Donald Trump amid economic pressures on late-night TV.
  • Colbert criticized the settlement as a 'big fat bribe' and expressed doubt about repairing his trust in the company.
  • Colbert’s show averaged 2.417 million viewers and earned its sixth Primetime Emmy nomination despite ratings challenges across late night.
  • CBS framed the decision as purely financial amid a difficult media landscape, while political reasons for the cancellation remain publicly questioned.
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12 ‘Late Show’ Moments Proving Stephen Colbert Can’t Be Replaced

CBS won’t just be losing a franchise when ‘The Late Show’ ends next year; it’ll be losing a master-level master of ceremonies.

·Missoula, United States
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NewsBusters broke the news in Washington, United States on Thursday, July 17, 2025.
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