CBS cited financial pressures as the reason for the cancelation, though some have speculated about the timing amid a pending sale of Paramount and two weeks after a legal settlement between President...

CBS is axing “The Late Show With Stephen Colbert” in May 2026, the host told an audience at a taping Thursday.

“Yeah, I share your feelings,” Colbert replied. “It’s not just the end of our show, but the end of The Late Show on CBS. I’m not being replaced. This is all just going away.”