CBS announced that it has canceled "The Late Show with Stephen Colbert" and will end the program in May 2026, shocking the media and entertainment industry.

The award-winning news comedy show, which propelled Jon Stewart to fame and saw him return as a one-day-a-week anchor in 2024, is adding a new rotating host to its lineup.

E ven with the weekend to process, Hollywood is still in shock over CBS cancelling The Late Show With Stephen Colbert. The long-running talk show was winning its timeslot comforta

John Oliver has weighed in on CBS' cancellation of "The Late Show With Stephen Colbert," calling it "terrible news for the world of comedy."

Jimmy Kimmel gave a salute to “The Late Show With Stephen Colbert” — and blasted rival network CBS — on Thursday evening, hours after CBS announced that it is canceling Colbert’s series in May 2026 and retiring the “Late Show” brand. “Love you Stephen,” Kimmel wrote on his Instagram story, captioning a clip of Colbert’s …

Credit: The Late Show with Stephen Colbert When we started the Late Show in 1993, we had the same goals everyone doing talk shows has: make people laugh and never threaten a corporate merger. If Colbert had been #1 and nominated for an Emmy two days prior none of this would have happened.

Great ratings and brand recognition weren’t enough to save the long-running franchise.

CBS could not figure out a path to profitability in an entertainment world increasingly dominated by streaming.