‘The Late Show With Stephen Colbert’ Ending Next Year With CBS Retiring Late-Night Franchise

In a shocking move, The Late Show with Stephen Colbert is ending in May 2026.

“The Late Show With Stephen Colbert will end its historic run in May 2026 at the end of the broadcast season.  We consider Stephen Colbert irreplaceable and will retire The Late Show franchise at that time.  We are proud that Stephen called CBS home. He and the broadcast will be remembered in the pantheon of greats that graced late night television,” said George Cheeks, Co-CEO Paramount Global and President and Chief Executive Officer, CBS, Amy Reisenbach, President, CBS Entertainment and David Stapf, President, CBS Studios in a statement.

Colbert, who announced the news during tonight’s taping, said that he was grateful for giving him the chair. “I’m not being replaced, this is all just going away,” Colbert said.

CBS said this was “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,” it added.

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