Stephen Colbert delivers devastating update on future of The Late Show

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Stephen Colbert delivers devastating update on future of The Late Show
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The news comes just weeks after CBS agreed to settle Donald Trump’s lawsuit over a 60 Minutes interview with former vice president Kamala Harris.

, the most-watched late-night program on US broadcast television and a frequent platform of satire aimed at President Donald Trump, will end its 10-year run on CBS in May 2026, the network said on Thursday.

The show will be retired and Colbert will not be replaced. New episodes will air until the end of the broadcast TV season in May 2026, a network statement said.“This is purely a financial decision against a challenging backdrop in late night. It is not related in any way to the show’s performance, content or other matters happening at Paramount,” the executives said in a statement.

CBS parent company Paramount is seeking approval from the US Federal Communications Commission for an $US8.4 billion merger with Skydance Media. This month, Paramount agreed to settle a lawsuit filed by Trump over an interview with former vice president Kamala Harris, his Democratic challenger in the 2024 presidential race, that CBS’sColbert told his audience on Thursday that he was informed of his show’s cancellation the night before.

Late-night shows have seen their audiences shrink as viewers have shifted from traditional television to streaming. “Our admiration, affection and respect for the talents of Stephen Colbert and his incredible team made this agonising decision even more difficult,” said the statement from Paramount co-chief executive and CBS chief executive George Cheeks, CBS Entertainment president Amy Reisenbach and CBS Studios president David Stapf.

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