In a shocking move, CBS is ending “The Late Show with Stephen Colbert” next year, and apparently exiting the late-night television business altogether. The network, citing financial pressures,

Yes, CBS is canceling The Late Show franchise after more than three decades on the air. Stephen took over the show in 2015, and it was originally hosted by David Letterman. The Late Show will end in May 2026, CBS executives announced on July 17, 2025.

CBS said that the "agonizing decision" to cancel 'The Late Show with Stephen Colbert' was "not related" to performance