Stephen Colbert’s ‘Late Show’ is being canceled by CBS, citing ‘financial decision’

After more than three decades on air, CBS announced on Thursday that its famed Late Show franchise is coming to a close.

The Late Show with Stephen Colbert will officially come to an end in May 2026, according to the network, which said the decision to end the show was a financial one.

The Late Show began in 1993 with then-host David Letterman. When Letterman left the show in 2015, he was replaced by Colbert, who has hosted for the last decade.