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CBS cancels "The Late Show" with Stephen Colbert due to financial losses, shifting viewer trends.
CBS has announced the cancellation of Stephen Colbert's "The Late Show," citing financial losses of around $40 million annually.
The decision comes amid declining late-night TV viewership and a shift towards comedy content on platforms like TikTok and YouTube.
Despite the financial rationale, former President Donald Trump suggested the cancellations of other late-night shows might follow and praised a $16 million settlement from CBS related to a "60 Minutes" interview.
Colbert's final show is set for May 2026, with fellow late-night hosts expressing support for Colbert.
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CBS cancela "The Late Show" con Stephen Colbert debido a las pérdidas financieras, cambiando las tendencias de la audiencia.