CBS, in announcing the cancellation of «The Late Show with Stephen Colbert,» has called the move a «purely financial decision.»
CBS announced tonight that they are cancelling The Late Show With Stephen Colbert after the next season, stating that it was “purely a financial decision.”
Colbert said at the show’s taping Thursday that he found out about the show’s cancellation a day earlier. In response to the studio audience booing, Colbert said, “Yeah, I share your feelings.”
CBS is owned by Paramount, which is in the midst of an $8 billion merger with Skydance. That deal has been delayed for months, as President Trump filed suit with CBS owned 60 minutes. On July 2, Paramount agreed to settle that suit and pay Trump $16 million.
On his show, airing on CBS, as well as streaming on Paramount Plus, Colbert criticized the settlement between Paramount and Trump, calling it “a big fat bribe.
