On Thursday night, Stephen Colbert announced that CBS has canceled The Late Show. The iconic late-night series, which ran for over 30 years between both Colbert and David Letterman's tenures as host, will end in May 2026.

President Trump cheered the cancellation of "The Late Show with Stephen Colbert," saying he "absolutely loves" that Colbert "got fired."

Even CNN’s Brian Stelter, no fan of Trump, said as much, writing: “The bottom has indeed been falling out of the late-night TV business model for several years now. Audience fragmentation and digital competition have led to a decline in ad revenue across the board. One insider described it as ‘cratering’ at CBS.”

Jimmy Kimmel is fighting back against President Donald Trump amid mass debate over the cancellation of his fellow late-night TV talk show host Stephen Colbert’s program. Not long after the news was confirmed by Colbert,

Later, Schiff did address CBS’ decision to cancel Late Show, writing on X, “Just finished taping with Stephen Colbert who announced his show was cancelled. If Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better.”

Donald Trump sues Paramount for $16 million over a CBS interview edit, prompting backlash from Stephen Colbert and Jon Stewart. Here’s how the Epstein debate intensified the media storm.

Rosie O’Donnell Sends Direct Message to Donald Trump After Stephen Colbert’s ‘Late Show’ Cancellation originally appeared on Parade. Rosie O'Donnell sent a direct message to President Donald Trump after his response to Stephen Colbert 's Late Show cancellation and the POTUS' citizenship threat against her.