In a shocking move, CBS is ending “The Late Show with Stephen Colbert” next year, and apparently exiting the late-night television business altogether.
The network, citing financial pressures, said the cancellation will take effect in May 2026, the normal end of the broadcast TV season.
The decision is particularly surprising because “The Late Show” is typically the highest-rated show in late-night. And the timing is bound to raise questions because it comes just two weeks after the parent company of CBS, Paramount, settled a lawsuit lodged by President Trump against CBS
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