logo
Stephen Colbert's 'Late Show' canceled by CBS, ends May 2026

Stephen Colbert's 'Late Show' canceled by CBS, ends May 2026

Nahar Net18-07-2025
by Naharnet Newsdesk 18 July 2025, 17:18
CBS is canceling "The Late Show With Stephen Colbert" next May, shuttering a decades-old TV institution in a changing media landscape and removing from air one of President Donald Trump's most prominent and persistent late-night critics.
Thursday's announcement followed Colbert's criticism on Monday of a settlement between Trump and Paramount Global, parent company of CBS, over a "60 Minutes" story.
Colbert told his audience at New York's Ed Sullivan Theater that he had learned Wednesday night that after a decade on air, "next year will be our last season. ... It's the end of 'The Late Show' on CBS. I'm not being replaced. This is all just going away."
The audience responded with boos and groans.
"Yeah, I share your feelings," the 61-year-old comic said.
Three top Paramount and CBS executives praised Colbert's show as "a staple of the nation's zeitgeist" in a statement that said the cancellation "is purely a financial decision against a challenging backdrop in late night. It is not related in any way to the show's performance, content or other matters happening at Paramount."
In his Monday monologue, Colbert said he was "offended" by the $16 million settlement reached by Paramount, whose pending sale to Skydance Media needs the Trump administration's approval. He said the technical name in legal circles for the deal was "big fat bribe."
"I don't know if anything — anything — will repair my trust in this company," Colbert said. "But, just taking a stab at it, I'd say $16 million would help."
Trump had sued Paramount Global over how "60 Minutes" edited its interview last fall with Democratic presidential candidate Kamala Harris. Critics say the company settled primarily to clear a hurdle to the Skydance sale.
Colbert took over "The Late Show" in 2015 after becoming a big name in comedy and news satire working with Jon Stewart on "The Daily Show" and hosting "The Colbert Report," which riffed on right-wing talk shows.
The most recent ratings from Nielsen show Colbert gaining viewers so far this year and winning his timeslot among broadcasters, with about 2.417 million viewers across 41 new episodes. On Tuesday, Colbert's "Late Show" landed its sixth nomination for a Primetime Emmy Award for outstanding talk show. It won a Peabody Award in 2021.
David Letterman began hosting "The Late Show" in 1993. When Colbert took over, he deepened its engagement with politics. Alongside musicians and movie stars, Colbert often welcomes politicians to his couch.
Democratic Sen. Adam Schiff of California was a guest on Thursday night. Schiff said on X that "if Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better." Democratic Sen. Elizabeth Warren of Massachusetts released a similar statement.
Colbert's counterpart on ABC, Jimmy Kimmel, posted on Instagram "Love you Stephen" and directed an expletive at CBS.
Actor and producer Jamie Lee Curtis noted in an interview in Los Angeles that the cancellation came as the House passed a bill approving Trump's request to cut funding to public broadcasters NPR and PBS.
"They're trying to silence people, but that won't work. Won't work. We will just get louder," said Curtis, who has previously criticized Trump and is set to visit Colbert's show in coming days.
Colbert has long targeted Trump. The guests on his very first show in September 2015 were actor George Clooney and Jeb Bush, who was then struggling in his Republican presidential primary campaign against Trump.
"Gov. Bush was the governor of Florida for eight years," Colbert told his audience. "And you would think that that much exposure to oranges and crazy people would have prepared him for Donald Trump. Evidently not."
Late-night TV has been facing economic pressures for years; ratings and ad revenue are down and many young viewers prefer highlights online, which networks have trouble monetizing. CBS also recently canceled host Taylor Tomlinson's "After Midnight," which aired after "The Late Show."
Still, Colbert had led the network late-night competition for years. And while NBC has acknowledged economic pressures by eliminating the band on Seth Meyers' show and cutting one night of Jimmy Fallon's "The Tonight Show," there had been no such visible efforts at "The Late Show."
Colbert's relentless criticism of Trump, his denunciation of the settlement, and the parent company's pending sale can't be ignored, said Bill Carter, author of "The Late Shift."
"If CBS thinks people are just going to swallow this, they're really deluded," Carter said.
Andy Cohen, who began his career at CBS and now hosts "Watch What Happens Live," said in an interview: "It is a very sad day for CBS that they are getting out of the late-night race. I mean, they are turning off the lights after the news."
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump says Hamas doesn't want deal, 'want to die'
Trump says Hamas doesn't want deal, 'want to die'

L'Orient-Le Jour

time10 hours ago

  • L'Orient-Le Jour

Trump says Hamas doesn't want deal, 'want to die'

President Donald Trump said Friday that Hamas did not want a cease-fire deal in Gaza, after Israel and the United States quit indirect negotiations with the Palestinian militant group. "It was too bad. Hamas didn't really want to make a deal. I think they want to die," Trump said. In Qatar, mediators had been shuttling between Israeli and Hamas delegations for more than two weeks in a bid to secure a cease-fire and the release of Israeli hostages after nearly two years of fighting. Israeli Prime Minister Benjamin Netanyahu stated that his government was still seeking a deal, despite recalling its negotiators from Doha. Trump blamed Hamas, saying, "Now we're down to the final hostages, and they know what happens after you get the final hostages." The U.S. president also dismissed the decision by France's Emmanuel Macron to recognize a Palestinian state. "He's a very good guy, I like him, but that statement doesn't carry weight," Trump said.

Trump says Hamas doesn't want a deal, 'want to die'
Trump says Hamas doesn't want a deal, 'want to die'

Nahar Net

time14 hours ago

  • Nahar Net

Trump says Hamas doesn't want a deal, 'want to die'

by Naharnet Newsdesk 25 July 2025, 17:46 U.S. President Donald Trump said Friday that Hamas did not want a ceasefire deal in Gaza, after Israel and the United States quit indirect negotiations with the Palestinian militant group. "It was too bad. Hamas didn't really want to make a deal. I think they want to die," Trump said. "Now we're down to the final hostages, and they know what happens after you get the final hostages. And basically because of that, they really didn't want to make a deal," he added.

Wall Street hovers near records in premarket trading
Wall Street hovers near records in premarket trading

Nahar Net

time14 hours ago

  • Nahar Net

Wall Street hovers near records in premarket trading

by Naharnet Newsdesk 3 hours Wall Street was on track to open with gains on Friday, adding to record highs ahead of next week's busy slate of earnings, job market reports and the tariff deadline. Futures for the S&P 500 and the Dow Jones Industrial Average both were up 0.1% before the bell. Nasdaq futures were flat. The S&P and Nasdaq both closed at record highs on Thursday and markets are currently on track to finish the week with gains for the fourth time in the past five weeks. Intel shares tumbled more than 7% overnight after the chipmaker announced plans to reduce its "core" workforce by nearly one-quarter and cut other expenses in a bid to revive the fortunes of the struggling chipmaker. Intel, which helped launch Silicon Valley as the U.S. technology hub, has fallen behind rivals like Nvidia and Advanced Micro Devices while demand for artificial intelligence chips soars. Deckers Brands was up more than 13% overnight after the shoe company easily beat Wall Street's sales and profit targets. Deckers said first-quarter sales rose 17% from the same quarter last year, to $965 million, on the strength of its Ugg and Hoka brands. Boston Beer Co., the maker of Samuel Adams beer and Truly hard seltzer, climbed 7.8% after its second-quarter profit came in well ahead of analysts' forecasts. Boston Beer saw its net income rise more than 15% over last year, boosting its earnings per share in the period to $5.45. Analysts were expecting profit of $3.86 per share. Stocks have broadly been rallying for weeks on hopes that President Donald Trump will reach trade deals with other countries that will lower his stiff proposed tariffs, along with the risk that they could cause a recession and drive up inflation. The deadline for those negotiations comes next Friday, Aug. 1. Next week brings the peak of earnings season, with more than 100 companies in the benchmark S&P 500 reporting their latest results. The economic data calendar is also full, with three separate reports on the labor market, including the always closely-watched monthly jobs report. Elsewhere, in Europe at midday, Germany's DAX shed 0.8%, while Britain's FTSE 100 slid 0.4%. In Paris, the CAC 40 slipped 0.1%. In Asian trading, Japan's Nikkei 225 fell 0.9% to 41,456.23 after two days of gains following President Donald Trump's announcement of a trade deal that would place a 15% tax on imports from Japan. That's lower than the 25% rate that Trump had earlier said would kick in on Aug. 1. Data released on Friday showed the inflation rate in Japan's capital Tokyo rose 2.9% year-on-year in July, down from 3.1% in June. Japanese government efforts to moderate inflation are working, though underlying Tokyo price pressures remain elevated, ING Economics said in a commentary. It expects the Bank of Japan to hold interest rates steady at its July 30-31 meeting, but said the central bank would likely raise its forecast for inflation. In Chinese markets, Hong Kong's Hang Seng lost 1.1% to 25,388.35 and the Shanghai Composite index slid 0.3% to 3,593.66. Next week, U.S. Treasury Secretary Scott Bessent has said he will meet with Chinese officials in Stockholm, Sweden, to work toward a trade deal with Beijing ahead of an Aug. 12 deadline. Trump has said a China trip "is not too distant" as trade tensions ease. "One big question for markets is whether the tariff ceasefire is extended. We expect that an agreement will be attainable, but, in the interim, markets will watch closely to see if there are adjustments to current tariff rates in either direction," ING Economics said. In South Korea, the Kospi picked up 0.2% to 3,196.05, while Australia's S&P/ASX 200 shed 0.5% to 8,666.90. Taiwan's Taiex edged less than 0.1% lower, and in India, the Sensex fell 0.9%. On Thursday, the S&P 500 added 0.1% to its all-time high set the day before, closing at 6,363.35. The Dow Jones Industrial Average fell 0.7% to 44,693.91, while the Nasdaq composite rose 0.2% to a record 21,057.96. In energy trading, U.S. benchmark crude oil added 27 cents to $66.30 per barrel. Brent crude, the international standard, also rose 27 cents to $68.63 per barrel. The U.S. dollar rose to 147.65 Japanese yen from 147.00 yen. The euro fell to $1.1723 from $1.1750.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store