July 17, 2025

In a surprise move, CBS announced today that The Late Show with Stephen Colbert will be ending in 2026. And with it, the 'Late Show' franchise is also being retired, ending the network's decades-long history of late night programming that began in 1993. Colbert informed his viewers of the move during Thursday night's broadcast.

"The Late Show With Stephen Colbert will end its historic run in May 2026 at the end of the broadcast season," said CBS executives in a statement. "We consider Stephen Colbert irreplaceable and will retire The Late Show franchise at that time. 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."

While Colbert's current contract does end at the end of 2026, the timing of the cancellation does raise questions. It comes days after Colbert criticized Paramount Global's decision to settle a lawsuit by President Donald Trump for $16 million, with him calling it a "big fat bribe." There has also been recent speculation that Skydance Media, which is acquiring Paramount Global, may not agree with Colbert's views on the current political climate.

On the other hand, CBS has already been cutting back its late night programming. 'After Midnight' was recently cancelled after host Taylor Tomlinson decided to leave the show. The late night business in general has also been on the decline in recent years.

 
 
 
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