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. TV networks have been cutting costs at their late-night mainstays for the past few years.

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,

The Late Show with Stephen Colbert is a beloved late-night talk show in America. It debuted in 2015, taking over the iconic Late Show time slot once occupied by David Letterman. Colbert, well known for his clever humor and political satire.

The Late Show With Stephen Colbert will officially come to an end in May 2026. "Before we start the show I want to let you know something that I found out just last night," host Stephen Colbert, 61, shared during the Thursday,

CBS says the decision is ‘purely a financial decision’ not related to ‘content or other matters happening at Paramount.’