Stephen Colbert's late-night television program on CBS is coming to an end next year.
According to Fox News, in a financial decision driven by industry challenges, CBS plans to air the final episode of Colbert's show in May 2026.
CBS explained the move as a financial necessity within a difficult market environment for late-night television. The network emphasized the decision was independent of any controversies involving Paramount or the show's content and ratings. The host, who joined CBS in 2015, has routinely featured prominent Democratic politicians, enhancing his reputation as a pointed critic of former President Donald Trump.
Colbert's show cancellation coincides with speculation about changes at Paramount. This arises from ongoing developments regarding a merger with Skydance Media. Notably, Colbert's first guest after CBS's announcement was Sen. Adam Schiff, reflecting the continued political focus of the program. The transition also has led to discussions about the potential future of other Paramount-owned late-night shows.
Stephen Colbert, known for often addressing political issues and targeting figures such as Trump, made a light-hearted remark about his show's end. He commented on rumors suggesting pressure from Skydance's potential ownership due to his criticism of Trump.
"Some of the TV typers out there are blogging that once Skydance gets CBS, the new owners’ desire to please Trump will ‘put pressure on late-night host and frequent Trump critic Stephen Colbert.’ OK, but how are they going to put pressure on Stephen Colbert… if they can’t find him?"
Former President Donald Trump responded with characteristic candor, expressing his enjoyment over the show's cancellation.
Celebrating Greg Gutfeld's successful ratings, Trump continued with pointed opinions about Colbert and his fellow late-night hosts. Gutfeld!, hosted by Greg Gutfeld on Fox News, has risen to become late-night's top-rated show, amassing three million viewers in the second quarter of 2025.
Amid these changes, Fox News Channel continues its reign as the top-rated basic cable network for 17 consecutive quarters. This streak contrasts the transitions faced by Colbert and his CBS colleagues, marking a notable shift in television viewership.
In the aftermath of CBS's announcement, discussions about the evolving landscape of late-night TV continue, particularly around Paramount's intentions following the Skydance merger. As a viewer favorite and influential voice, Colbert's exit marks a pivotal moment for industry dynamics.
As Stephen Colbert prepares to step away from his nightly broadcast, attention has turned to how the show will conclude. The final episode, airing in May 2026, is likely to draw significant viewership, adding to the storied legacy he crafted since joining CBS a decade ago.
The decision to cancel Colbert's show reflects broader financial realities impacting late-night television in a dynamic media market. CBS's statement assured that the choice was not a reflection of the show's performance or content.
In summary, Stephen Colbert's show cancellation is driven by financial constraints, marking a shift in late-night television amid an evolving media landscape intertwined with corporate mergers and political influences.
