CBS will end The Late Show with Stephen Colbert in May 2026, marking a potential exit from late-night television. This cancellation, announced on a Thursday night, follows a lawsuit settlement between Paramount and President Trump. Speculation arose regarding the future of Colbert, known for his strong criticism of Trump. Colbert confirmed the news during a taping, expressing gratitude for CBS and addressing audience support. The network stated the decision is purely financial, unrelated to the show's performance or content, amidst a challenging landscape in late-night programming.
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.
Colbert said he found out about the network's decision last night. I'm so grateful to the Tiffany network for giving me this chair and this beautiful theater to call home.
This is all just going away. Colbert said. The network will be ending our show in May, he added, going on to say, It's the end of The Late Show' on CBS.
The Thursday night announcement came just two weeks after the parent company of CBS, Paramount, settled a lawsuit lodged by President Trump against CBS News.
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