Stephen Colbert announced during the taping of his Thursday show that CBS will end The Late Show in May, which has been top-rated since he took over in 2015. Audience members reacted negatively to this news, while Colbert expressed that this marks the end of the program entirely, stating he would not be replaced. The decision comes during Paramount Global's effort to merge with Skydance Media for $8.4 billion, although CBS labeled the cancellation as a financial decision, not tied to the show's performance.
Stephen Colbert announced on his show that CBS is ending The Late Show in May, marking the end of the program after his tenure since 2015.
Colbert expressed that the cancellation is not merely the end of his show but the conclusion of The Late Show on CBS, stating, "I'm not being replaced."
Paramount Global is seeking Federal Communications Commission approval to merge with Skydance Media, which is valued at $8.4 billion, coinciding with the show's cancellation.
A statement from CBS indicated that the decision was purely financial and not linked to the show's performance or other ongoing matters at Paramount.
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