The state of late-night TV is keeping media executives from sleeping well. CBS’ decision to cut ties with Stephen Colbert and its decades-old “Late Show” franchise come next May will leave a major hole in the format — but one that has been widening.

Top lawmakers were quick to rally around Stephen Colbert following the cancellation of "The Late Show." Why it matters: Sens. Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.) accused CBS of placating President Trump as its parent company Paramount is closing in on a merger deal.

A major Hollywood union is speaking out after the cancellation of "The Late Show with Stephen Colbert" and demanding action.

President Donald Trump was gleeful over Stephen Colbert's cancellation, saying his "talent was even less than his ratings" on Truth Social.

CBS’ cancelation of its long-running The Late Show franchise, hosted by Stephen Colbert for the last decade, has left not only the public heartbroken and outraged, but Hollywood as well. Colbert, 61, who’s fronted the talk show since taking over from David Letterman in 2015, shared the network’s decision during Thursday’s broadcast.

Jimmy Kimmel didn't mince words in his response to CBS canceling "Late Night with Stephen Colbert." Here's how Hollywood is reacting.

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.