W hen CBS embarked on the project of replacing David Letterman as the host of The Late Show, in 2014, the network spared no expense. It hired Stephen Colbert, who had collected Emmys and acclaim while hosting his Comedy Central talk show,

CBS will end "The Late Show with Stephen Colbert" and retire "The Late Show" franchise in May 2026, the company announced Thursday, calling it "purely a financial decision against a challenging backdrop in late night.

Skydance CEO David Ellison and his lawyer met with Federal Communications Commission chair Brendan Carr and an FCC lawyer on Tuesday, a new regulatory filing shows. Why it matters: The meeting came two days before CBS abruptly announced that it is canceling "The Late Show with Stephen Colbert" after the next season in May 2026,

When CBS embarked on the project of replacing David Letterman as the host of The Late Show, in 2014, the network spared no expense. It hired Stephen Colbert, who had collected Emmys and acclaim while hosting his Comedy Central talk show,

“Given Paramount’s recent capitulation to President Trump in the CBS News lawsuit, the Writers Guild of America has significant concerns that The Late Show’s cancelation is a bribe, sacrificing free speech to curry favor with the Trump Administration as the company looks for merger approval,” it noted (see full statement below).

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.