CBS cancels Stephen Colbert's late show
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CBS will end "The Late Show with Stephen Colbert" and retire "The Late Show" franchise in May 2026, the company announced Thursday, calling it "purely a financial decision against a challenging backdrop in late night.
Singer Noah Cyrus performed her new song "Way of the World" on "The Late Show" Thursday. The song is from her album "I Want My Loved Ones to Go With Me."
The announcement came days after Colbert spoke out against the $16 million settlement paid by CBS News parent Paramount to settle a lawsuit filed by Donald Trump.
Stephen Colbert's friends and colleagues are in shock at The Late Show's surprise cancellation.
The cancellation from CBS comes in the aftermath of Colbert criticizing his parent company on-air for their $16 million settlement with Trump