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

UNITED STATES, JUL 24 – CBS cites financial challenges for ending the 33-season 'Late Show' franchise despite Stephen Colbert's show maintaining the top late-night ratings for nine consecutive seasons.

  • On Thursday at the Ed Sullivan Theater in New York City, CBS said the show will end in May 2026.
  • Amid a challenging late-night landscape, CBS executives said the cancellation is purely financial, unrelated to the show’s performance or content, as Paramount pursues an $8 billion merger with Skydance Media.
  • Most recent Nielsen data show Colbert draws about 2.417 million viewers, the only late-night show to gain audience this year, while Gutfeld’s show averaged 3.1 million viewers through July 17, 2025.
  • At his Thursday taping, Colbert broke the news to the live audience, which booed, as he declared, `I am offended,`.
  • After more than three decades on air, the franchise that began in August 1993 with David Letterman and was helmed by Colbert since 2015 will retire.
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The singer John Legend turned to Instagram to pay tribute to Stephen Colbert, whose talk show was cancelled after 30 years on the air.

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UPI broke the news in Washington, United States on Thursday, July 17, 2025.
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