CBS announced that "The Late Show with Stephen Colbert" will air new episodes until May 2026. CBS executives emphasized that the decision is purely financial and not tied to the show's performance. Colbert confirmed the cancellation to his audience, expressing shared disappointment. He noted the lack of a replacement and reflected on the show's legacy since its debut in 1993. A recent lawsuit settlement related to a broadcast involving Trump was also mentioned, alongside Paramount Global seeking approval for a merger.
CBS executives stated, "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."
Colbert expressed his feelings about the cancellation, saying to his audience, "I'm not being replaced. This is all just going away." He added, "It is a fantastic job; I wish somebody else was getting it."
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