CBS, Colbert and Jon Stewart
Digest more
CBS announced that the late-night show would be ending in May 2026, citing a "financial decision" amid a declining linear TV landscape.
The former "Late Show" host took on the network after it announced its plans to take his old program off the air.
Stephen Colbert got an assist on 'The Late Show' from some of his late-night rivals following CBS's sudden decision to axe the show.
CBS will end "The Late Show with Stephen Colbert" and retire "The Late Show" franchise in May 2026, the company announced Thursday.
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.