BREAKING: CBS Cancels Stephen Colbert

The painfully unfunny Late Show with Stephen Colbert just got cancelled.

In other words: “You’re fired!”

BREAKING: The Late Show with Stephen Colbert is being canceled. pic.twitter.com/gg8AxUjRA7

— Leading Report (@LeadingReport) July 17, 2025

Gee, I can’t imagine why CBS would cancel the Late Show….maybe it’s because it’s supposed to be funny but has been completely unwatchable ever since Dave left?

Such a shame.

Even though Letterman has proven to be fairly far-left in his old age, he was the gold standard for late night when he was on the air.  I used to love that show.

So sad to see how Colbert ruined it, but at least he’s going out with a bang….not just getting fired himself but the entire show is going away, that’s how bad it is!

Maybe this is why?

CBS canceled Colbert’s show just THREE DAYS after Colbert called out CBS parent company Paramount for its $16M settlement with Trump – a deal that looks like bribery.

America deserves to know if his show was canceled for political reasons.

Watch and share his message. pic.twitter.com/Rz7HcWFLYM

— Elizabeth Warren (@SenWarren) July 18, 2025

The NY Post had more details:

CBS announced its plan to cancel “The Late Show With Stephen Colbert” after the next TV season in a statement on Thursday, July 17.

The network claimed it was “purely a financial decision.”

“We consider Stephen Colbert irreplaceable and will retire ‘The Late Show’ franchise’ in May of 2026,” CBS executives’ statement read. “We are proud that Stephen called CBS home. He and the broadcast will be remembered in the pantheon of greats that graced late night television.”

“This 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,” the announcement concluded.

ADVERTISEMENT

Colbert addressed the situation during the taping of Thursday’s show at the Ed Sullivan Theatre in New York, sharing that he learned the news on Wednesday evening.

Delivering the news from his iconic “Late Show” desk, the television host said he was appreciative to the network for giving him a platform.

As the audience booed, Colbert chimed in, “Yeah. I share your feelings.”

He continued to explain, “I’m not being replaced, this is all just going away.”

“I do want to say that the folks at CBS have been great partners. I’m so grateful to the Tiffany Network for giving me this chair and this beautiful theater to call home. And of course, I’m grateful to you, the audience who have joined us. … And I am extraordinarily, deeply grateful to the 200 people who work here,” Colbert continued.