The decision ends a long-standing program and could shift late-night TV dynamics amid growing streaming competition.
**The End of an Era: CBS to Conclude 'The Late Show with Stephen Colbert' in May 2026**

**The End of an Era: CBS to Conclude 'The Late Show with Stephen Colbert' in May 2026**
CBS announces the cancellation of 'The Late Show with Stephen Colbert', citing financial reasons rather than show performance.
The Late Show with Stephen Colbert, a staple of CBS's late-night lineup since 1993, will conclude in May 2026, as revealed by CBS in a surprising statement made recently. The network characterized the decision as a financially driven choice amid difficulties facing late-night television, explicitly noting that it does not reflect the show’s performance or quality.
The announcement comes shortly after Paramount, CBS's parent company, reached a settlement of $16 million with former President Donald Trump related to a lawsuit over an interview involving Kamala Harris, a rival for the 2024 election. Although CBS denied any correlation between the show’s cancellation and the lawsuit, some speculated about potential political influences on the network's decision. Notably, Democratic Senator Adam Schiff expressed concerns regarding whether the cancellation had political motives, considering Colbert's reputation as a vocal critic of Trump throughout his tenure.
Colbert broke the news to a visibly shocked studio audience during a live taping, where reactions ranged from disbelief to disappointment. “I do want to say that the folks at CBS have been great partners,” Colbert noted, expressing gratitude to his audience who had supported him through his years as host. The comedian took over the program from David Letterman in September 2015 and became famous for his political satire, particularly targeting Trump and various issues within the American political landscape.
The show's cancellation signifies CBS's exit from the late-night talk show market for the first time in nearly three decades, raising questions about the future of traditional television in a climate dominated by streaming services and alternative programming. Rival networks, including ABC and NBC, still maintain their late-night offerings, with Jimmy Kimmel and Jimmy Fallon confirmed to continue airing their respective programs through 2028.
As CBS prepares for the show's conclusion, analysts highlight the growing challenge of attracting younger audiences who prefer digital platforms, which has affected traditional viewing habits significantly. The network expressed its admiration for Colbert, stating, “We consider Stephen Colbert irreplaceable and will retire 'The Late Show' franchise,” acknowledging his significant contribution to late-night television.
This development heralds a significant change in the late-night dynamic, reflecting ongoing transformations in media consumption and the entertainment industry’s economic pressures.
As audiences and commentators reflect on the legacy of Colbert's tenure, the future for late-night talk shows remains uncertain, and the entertainment landscape continues to evolve in unpredictable directions.
The announcement comes shortly after Paramount, CBS's parent company, reached a settlement of $16 million with former President Donald Trump related to a lawsuit over an interview involving Kamala Harris, a rival for the 2024 election. Although CBS denied any correlation between the show’s cancellation and the lawsuit, some speculated about potential political influences on the network's decision. Notably, Democratic Senator Adam Schiff expressed concerns regarding whether the cancellation had political motives, considering Colbert's reputation as a vocal critic of Trump throughout his tenure.
Colbert broke the news to a visibly shocked studio audience during a live taping, where reactions ranged from disbelief to disappointment. “I do want to say that the folks at CBS have been great partners,” Colbert noted, expressing gratitude to his audience who had supported him through his years as host. The comedian took over the program from David Letterman in September 2015 and became famous for his political satire, particularly targeting Trump and various issues within the American political landscape.
The show's cancellation signifies CBS's exit from the late-night talk show market for the first time in nearly three decades, raising questions about the future of traditional television in a climate dominated by streaming services and alternative programming. Rival networks, including ABC and NBC, still maintain their late-night offerings, with Jimmy Kimmel and Jimmy Fallon confirmed to continue airing their respective programs through 2028.
As CBS prepares for the show's conclusion, analysts highlight the growing challenge of attracting younger audiences who prefer digital platforms, which has affected traditional viewing habits significantly. The network expressed its admiration for Colbert, stating, “We consider Stephen Colbert irreplaceable and will retire 'The Late Show' franchise,” acknowledging his significant contribution to late-night television.
This development heralds a significant change in the late-night dynamic, reflecting ongoing transformations in media consumption and the entertainment industry’s economic pressures.
As audiences and commentators reflect on the legacy of Colbert's tenure, the future for late-night talk shows remains uncertain, and the entertainment landscape continues to evolve in unpredictable directions.