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flag CBS cancels Stephen Colbert's late-night show amid financial and political controversy.

flag CBS has cancelled Stephen Colbert's top-rated late-night show, "The Late Show with Stephen Colbert," set to end in May 2026, citing financial losses. flag Colbert had criticized CBS for settling a lawsuit with former President Trump, raising doubts about the cancellation's motives. flag The move has sparked concerns over media independence and the role of late-night comedy in holding powerful figures accountable. flag Meanwhile, other late-night hosts like Jimmy Kimmel, Jimmy Fallon, and Seth Meyers face uncertainty due to declining viewership and rising costs.

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