
CBS executives have announced that they have canceled the Late Show with Stephen Colbert, just days after the host blasted the network’s settlement with President Donald Trump as a ‘big fat bribe.’
Colbert’s show, which began in 2015, will now come to an end in May 2026, executives with the network and Paramount, its new parent company, announced on Thursday.
‘The Late Show with Stephen Colbert will end its historic run in May 2026 at the end of the broadcast season,’ they said in a statement, according to Deadline.
‘We consider Stephen Colbert irreplaceable and will retire the Late Show franchise at that time,’ the executives continued. ‘We are proud that Stephen called CBS home. He and his broadcast will be remembered in the pantheon of greats that graced late night television.’
The network explained that the decision to cancel the show 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,’ it added.
But the announcement comes just days after Colbert slammed the network for settling the president’s lawsuit for $16 million.
Trump had accused the network of falsely editing an interview with then-presidential candidate Kamala Harris before the election.

The Late Show with Stephen Colbert has been canceled days after the host blasted the network’s settlement with President Donald Trump
Although the network didn’t admit to any journalistic wrongdoing, the massive settlement will cover Trump’s legal fees and his future presidential library.
Paramount also agreed to release unedited transcripts of 60 Minutes interviews with presidential candidates.
Colbert didn’t hesitate to take shots at his parent corporation, confessing in his opening monologue on Wednesday’s episode that he was ‘offended’ by the actions of his employer.
Colbert, 61, announced the cancelation during the taping for tonight’s episode, and said he was just grateful for the opportunity to host the long-running show.
‘I’m not being replaced, this is all just going away,’ he said.
This is a breaking news story and will be updated.