CBS is axing “The Late Show With Stephen Colbert” in May 2026. The announcement on live air Thursday came two days after Colbert spoke out against CBS Global settling with President Donald Trump over a “60 Minutes” story.

Colbert’s cancellation came days after he mocked Paramount, which owns CBS, for its $16 million settlement with Trump in a lawsuit many considered meritless. That settlement comes as Paramount attempts a merger with Skydance Media, which requires FCC approval to proceed.

Stephen Colbert's "The Late Show", long a staple of late-night television, will come to an end in 2026, the comedian and network CBS said on Thursday."The network will be ending the show in May (2026).

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.

Related: "Evidence Of Trump’s Stupidity": Trump Was Ruthlessly Mocked After Suffering A Brain Fart While Trying To Insult Biden “None of that is true either,” Colbert said. Kaczynski went to Harvard, not MIT.

"They have to have what it takes to succeed independently, but not if it relies on old structures," one expert told Newsweek.

Stephen Colbert returned from vacation loaded for bear. The CBS late-night comic referred to the settlement between his parent company, Paramount Global, and President Donald Trump over a “60 Minutes” interview as a “big,

Stephen Colbert went off on his employer, Paramount, on Monday after the company decided to settle with President Trump in his lawsuit against the network.