CBS also recently canceled host Taylor Tomlinson's “After Midnight,” which aired after “The Late Show.” The announcement came two days after Colbert spoke out against CBS Global settling with President Donald Trump over a “60 Minutes” story.

Yes, CBS is canceling The Late Show franchise after more than three decades on the air. Stephen took over the show in 2015, and it was originally hosted by David Letterman. The Late Show will end in May 2026, CBS executives announced on July 17, 2025.

CBS has canceled The Late Show with Stephen Colbert just a few days after Colbert criticised the network’s parent company, Paramount, for its high-profile settlement with President Trump.

The announcement came days after Colbert spoke out against the $16 million settlement paid by CBS News parent Paramount to settle a lawsuit filed by Donald Trump.

CBS’ decision to cut ties with Stephen Colbert and its decades-old “Late Show” franchise come next May will leave a major hole in the format — but one that has been widening. TV networks have been cutting costs at their late-night mainstays for the past few years.

EXCLUSIVE: Hood River Entertainment (A Day To Die) is in production on Jackrabbit, a mystery-comedy-thriller written and directed by Emmy and Peabody winner Ballard C. Boyd, a longtime producer and segment director on The Late Show with Stephen Colbert.

"The Late Show" will end next May, marking the end of an era, CBS announced. The show has been a late-night staple since 1993. It was hosted by David Letterman until Stephen Colbert took over in 2015.