ENTERTAINMENT: Colbert Cancelled, Left Blames Trump, President Celebrates, Network Says Financial

(7-18-25) Stephen Colbert announced that “The Late Show” on CBS will end in May 2026, following a decision by CBS to cancel the show. He shared the news with his audience during his Thursday monologue, expressing that it was not just the end of his show but also the end of “The Late Show” on CBS, as he is not being replaced. CBS stated the decision was purely financial and not related to the show’s performance, content, or other internal matters.

Stephen Colbert Announces The Cancellation Of “The Late Show”

The Late Show with Stephen Colbert

The LEFT blames Trump for the cancellation—

Just finished taping with Stephen Colbert who announced his show was cancelled.

If Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better.

— Adam Schiff (@SenAdamSchiff) July 17, 2025

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

Ratings

Washington Examiner: ‘Gutfeld dominates ratings as CBS retires ‘The Late Show with Stephen Colbert’

This year’s second quarter ratings showed Fox News’ Gutfeld dominating late night television with an average of three million viewers. Gutfeld also garnered 365,000 viewers in the the key demographic of 25-54 ages.

The Late Show with Stephen Colbert came closest to Gutfeldd’s viewership among the late-night television shows averaging nearly 1.9 million viewers, with 280 viewers among the key 25-54 demographic.

ABC”[‘s Jimmy Kimmel Live! averaged 1.5 million total viewers and NBC’s Tonight Show drew 1 million viewers on average.

President Trump