The End of an Era: Stephen Colbert's 'The Late Show' Set to Conclude in 2026

CBS revealed that 'The Late Show with Stephen Colbert' will end its run in May 2026 after over three decades, marking the first absence of a late-night comedy talk show for the network since 1993. The decision, which Colbert announced during a taping and attributed to financial considerations, has sparked discussions regarding potential political motivations tied to a recent lawsuit settlement involving Donald Trump.

In a surprising disclosure, CBS confirmed on Thursday that Stephen Colbert's 'The Late Show' will air its final episode in May 2026, closing the curtain on a beloved late-night staple that has entertained viewers for 33 years. Colbert shared the news during a taping of the show, facing a wave of boos from the audience, which expressed their dismay over the decision described as "purely financial" amid a challenging late-night landscape.

“We're grateful for the partnership with CBS,” remarked Colbert, who has been a vocal critic of various political figures, particularly former President Donald Trump. He revealed that he was informed of the show's termination just a day before taking to the stage and emphasized his appreciation for the audience's loyalty. “It's not just the end of our show, but it's the end of The Late Show on CBS. I'm not being replaced. This is all just going away,” he candidly noted.

The cancellation marks the first time since 1993 that CBS will be without a late-night comedic talk show, a longstanding competitor to NBC's offerings dating back to when the network sought to capitalize on the success of late-night television following the legendary Johnny Carson era. Colbert stepped into the role previously held by David Letterman in 2015.

The announcement comes on the heels of a recent legal settlement between CBS's parent company, Paramount, and Donald Trump concerning a lawsuit triggered by an edited interview with Vice President Kamala Harris. This has ignited speculation among lawmakers and political commentators regarding whether Colbert's cancellation could have political implications. Senator Adam Schiff publicly raised concerns that the timing could suggest underlying motivations tied to political pressures.

While Colbert's departure is imminent, CBS emphasized its belief that "Stephen Colbert is irreplaceable" and acknowledged his invaluable contributions to late-night programming. Colbert has been a pillar of late-night television, frequently engaging prominent Democratic figures, and reflecting on contemporary issues, making significant cultural impacts.

As networks encounter difficulties attracting younger audiences due to the rising popularity of digital content platforms and the operational costs associated with live television, CBS's strategy for late-night programming appears to be shifting.

While rival networks such as ABC and NBC continue with their own late-night shows, Colbert's fans and colleagues have expressed their sadness over the end of what many regard as a hallmark of modern late-night television. Jimmy Kimmel, in a lighthearted jab at CBS, expressed his support for Colbert, calling him "the greatest," and many other celebrities have echoed similar sentiments about the show's cancellation and its influential host.