A new report from Puck's Matt Belloni is shedding light on the finances that led to CBS' bombshell cancellation of "The Late Show with Stephen Colbert."

Jimmy Kimmel gave a salute to “The Late Show With Stephen Colbert” — and blasted rival network CBS — on Thursday evening, hours after CBS announced that it is canceling Colbert’s series in May 2026 and retiring the “Late Show” brand. “Love you Stephen,” Kimmel wrote on his Instagram story, captioning a clip of Colbert’s …

CBS is canceling “The Late Show With Stephen Colbert” next May, shuttering a decades-old TV institution in a changing media landscape and removing from air one of President Donald Trump’s most prominent and persistent late-night critics.

The Late Show host Stephen Colbert is teaming up with Amy Sedaris and Paul Dinello for a one-off reunion as part of the 2025 New York Comedy Festival. They will make an appearance at New York City’s Town Hall on Saturday, Nov. 8 to commemorate the 25th anniversary of ...

"Just finished taping with Stephen Colbert who announced his show was cancelled," U.S. Sen. Adam Schiff, D-California, said in a post on X. "If Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better.

Fans, political figures and fellow late-night hosts seemed stunned Thursday night when comedian Stephen Colbert announced that CBS would be ending The Late Show in May 2026, with many questioning what pushed the network and its parent company, Paramount Global, to make the decision.

TV hosts and celebrities are reacting to news of the cancellation of "The Late Show with Stephen Colbert" and the entire franchise.

The late night host looks ahead to the next 10 months, assuring his crew and studio audience, "It's going to be fun."

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