Stephen Colbert's Late Show will end in May 2026 as CBS faces financial concerns, while politicians like Bernie Sanders question if the cancellation relates to Trump criticism.

Bravo’s Andy Cohen is confounded by CBS’s decision to end The Late Show with Stephen Colbert. The network announced last Thursday that it would be canceling Stephen Colbert’s late night show after its current season finishes airing in May 2026 — citing it as a “purely a financial decision.

Barstool Sports founder Dave Portnoy bashed Stephen Colbert on Saturday, calling the late-night host “ungrateful” after Colbert’s show was axed by CBS in what the network claimed was a “financial decision.

As you’ve likely heard, CBS — which is owned by Paramount — has decided to cancel “The Late Show with Stephen Colbert.” Per Reuters, the program is the most-watched late-night show on U.S. broadcast television. However, it will end its 10-year run in May 2026, with the show being retired altogether.

CBS announced "The Late Show with Stephen Colbert" will end in May 2026 due to financial reasons, impacting NYC jobs and closing the franchise on the network.

The cancellation of 'The Late Show with Stephen Colbert' has sparked controversy over potential political motives, as CBS cites financial struggles as the reason for ending one of the most popular late-night shows.