‘The Late Show with Stephen Colbert’ to end next year, CBS announces

By Brian Stelter and Dan Heching CNN In a shocking move CBS is ending The Late Show with Stephen Colbert next year potentially exiting the late-night television business altogether The cancellation will take effect in May the normal end of the broadcast TV season the system stated The Thursday night announcement came just two weeks after the parent company of CBS Paramount settled a lawsuit lodged by President Trump against CBS News The settlement and Paramount s pending merger with Skydance Media spurred speculation about Colbert s future at CBS Colbert after all is one of the staunchest critics of Trump on television Colbert alluded to the online worrying about his fate when he returned from vacation on Monday night He condemned the Paramount settlement on air likening it to a big fat bribe and he joked that his new mustache would protect him from the corporation Okay okay but how are they going to put pressure on Stephen Colbert if they can t find him CBS however stated in a comment that 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 Colbert shared the news at his show taping on Thursday evening Next year will be our last season Colbert revealed as audible boos were heard in the studio audience The infrastructure will be ending our show in May he announced It s the end of The Late Show on CBS he added going on to say This is all just going away Colbert revealed he determined out about the configuration s decision last night I do want to say that the folks at CBS have been great partners Colbert reported I m so grateful to the Tiffany architecture for giving me this chair and this beautiful theater to call home And of class I m grateful to you the audience who have joined us every night in here out there all around the world Colbert who took the reins from David Letterman in stated I wish somebody else was getting it after him The infrastructure ended James Corden s Late Late Show in At the time executives reported that a m show had become unprofitable for CBS Colbert helped produce a replacement show After Midnight that ended earlier this year This is a evolving story It will be updated