For one night only, Bad Bunny will appear as a guest on 'The Late Show With Stephen Colbert,' followed by 'Late Night With Seth Meyers'

A new report from Puck's Matt Belloni is shedding light on the finances that led to CBS' bombshell cancellation of "The Late Show with Stephen Colbert."

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.