The Late Show with Stephen Colbert on CBS will not be renewed for another season, with the network calling it a “financial decision.”
The ending of Colbert’s show represents a significant shift from the era of late-night TV in the streaming age, in which younger viewers have opted for new media instead of more traditional programming. CBS executives hailed Stephen Colbert as being in the “pantheon of greats” upon announcing his show’s cancelation.
“We consider Stephen Colbert irreplaceable and will retire ‘The Late Show’ franchise” in May of 2026,” executives said in a statement. “We are proud that Stephen called CBS home. He and the broadcast will be remembered in the pantheon of greats that graced late night television. This 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.”
According to Variety, Colbert was “informed of the network’s decision Wednesday evening, according to a person familiar with the matter.”
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The ending of Colbert’s show represents a significant shift from the era of late-night TV in the streaming age, in which younger viewers have opted for new media instead of more traditional programming. CBS executives hailed Stephen Colbert as being in the “pantheon of greats” upon announcing his show’s cancelation.
“We consider Stephen Colbert irreplaceable and will retire ‘The Late Show’ franchise” in May of 2026,” executives said in a statement. “We are proud that Stephen called CBS home. He and the broadcast will be remembered in the pantheon of greats that graced late night television. This 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.”
According to Variety, Colbert was “informed of the network’s decision Wednesday evening, according to a person familiar with the matter.”
'Late Show' with Stephen Colbert Canceled on CBS: 'Financial Decision'
The Late Show with Stephen Colbert on CBS will not be renewed for another season, with the network calling it a "financial decision."