President Donald Trump reacted gleefully on social media to news that CBS had canceled “The Late Show with Stephen Colbert."

"Next year will be our last season,” the late-night talk show host announced Thursday, July 17. "The network will be ending 'The Late Show’ next May."

There may be no tougher — and sought-after — gig than hosting a network late-night TV show. Stephen Colbert joined that rarefied list of late-night hosts in 2015, when he took over CBS’s “The Late Show” from David Letterman.

Prominent political figures as well as Hollywood stars have reacted with disgust over the news that 'The Late Show With Stephen Colbert' will end its run in 2026.

CBS could not figure out a path to profitability in an entertainment world increasingly dominated by streaming.

CBS’ decision to cut ties with Stephen Colbert and its decades-old “Late Show” franchise come next May will leave a major hole in the format — but one that has been widening. TV networks have been cutting costs at their late-night mainstays for the past few years.

Liberal celebrities and politicians mourned the cancellation of "The Late Show with Stephen Colbert" as CBS claims the decision is purely financial and unrelated to the show's content.

Stephen Colbert announced The Late Show would leave screens in May 2026 Stephen Colbert took viewers by surprise this week when he announced The Late Show would be heading for the big TV schedule in the sky.