CBS is axing The Late Show With Stephen Colbert in May 2026, the host told an audience at a taping on Thursday. The announcement came two days after Colbert spoke out against Paramount Global, the parent company of CBS,

Stephen Colbert launched another scathing attack on his employer Paramount on Monday night following its decision to scrap his show due to its catastrophic revenue loss.

If the recently canceled 'Late Show With Stephen Colbert' wins the talk series prize, it won't just be well-earned. It will tee up a piece of delicious live theater.