CBS, Colbert and The Late Show
Digest more
CBS will end "The Late Show with Stephen Colbert" and retire "The Late Show" franchise in May 2026, the company announced Thursday.
“This thing is losing money left and right,” said one person close to Skydance. “I hear it’s on the way to lose more than $50 million and they would have killed it sooner if they were in charge. This guy pisses off more than half the country.”
Rumors about the $40 million annual losses appeared to stem from reports published by a media outlet called Puck and the New York Post.
2don MSN
Fox News host Greg Gutfeld is the ratings king of late night with 3.1 million average viewers, despite what Stephen Colbert may be telling his audience.
CBS is canceling “The Late Show With Stephen Colbert” next May, shuttering a decades-old TV institution and removing from air one of President Donald Trump's most prominent late-night critics.
John Oliver is calling the cancellation of The Late Show With Stephen Colbert “incredibly sad.” While speaking to reporters over the weekend, Oliver was asked his thoughts about the news, which CBS revealed in a surprise announcement on Thursday. A daily brief about what matters and what's interesting in Hollywood.
CBS could not figure out a path to profitability in an entertainment world increasingly dominated by streaming.
O'Donnell, a recent target of the president's threats, sounded the alarm on the network's stunning "Late Show" decision.