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Author Topic: Stephen Colbert's 'The Late Show' canceled on CBS: 'A financial decision'  (Read 289 times)

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Offline mystery-ak

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Stephen Colbert's 'The Late Show' canceled on CBS: 'A financial decision'
« on: July 17, 2025, 08:33:55 pm »
Oh happy days!

CBS cancels 'The Late Show,' Stephen Colbert to end program in May 2026
Stephen Colbert broke the news to his audience during Thursday's taping
By Joseph A. Wulfsohn Fox News
Published July 17, 2025 7:38pm EDT

CBS' "The Late Show with Stephen Colbert" will be ending in 2026, the network announced Thursday.

"'THE LATE SHOW with STEPHEN COLBERT' will end its historic run in May 2026 at the end of the broadcast season," CBS said in a statement. "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."

CBS said it was "purely a financial decision against a challenging backdrop in late night," adding, "It is not related in any way to the show's performance, content or other matters happening at Paramount."

"I found out just last night, next year will be our last season," host Stephen Colbert told his studio audience in a video posted on Instagram. "The network will be ending ‘The Late Show’ in May."

"It's not just the end of our show, but it's the end of ‘The Late Show’ on CBS. I'm not being replaced. This is all just going away," Colbert continued.

In the clip released by "The Late Show," Colbert's audience could be heard booing the announcement.

"I do want to say that the folks at CBS have been great partners," Colbert said. "I'm so grateful to the Tiffany network for giving me this chair and this beautiful theater to call home. And of course, I'm grateful to you, the audience, who have joined us every night in here, out there, all around the world."

"The Late Show," which Colbert took over in 2015, leaned into liberal politics in the Trump era and had became a major platform for Democratic politicians. Last month, Colbert welcomed New York City mayoral candidate Zohran Mamdani before the socialist hopeful clinched the Democratic nomination.

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https://www.foxnews.com/media/cbs-cancels-the-late-show-stephen-colbert-end-program-may-2026
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Offline rustynail

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Re: Stephen Colbert's 'The Late Show' canceled on CBS: 'A financial decision'
« Reply #1 on: July 17, 2025, 08:38:34 pm »
Stephen Colbert's annual salary as the host of "The Late Show with Stephen Colbert" is reported to be $15 million per year.

 Over the years, his salary has grown substantially, reflecting his success and the show's popularity. In addition to his salary, Colbert's net worth is estimated to be around $75 million, which includes earnings from his various ventures and investments.
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Offline mountaineer

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Re: Stephen Colbert's 'The Late Show' canceled on CBS: 'A financial decision'
« Reply #2 on: July 17, 2025, 09:22:49 pm »
Why keep him on another week, let alone 9 or 10 months?
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Offline Wingnut

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Re: Stephen Colbert's 'The Late Show' canceled on CBS: 'A financial decision'
« Reply #3 on: July 18, 2025, 05:11:29 am »
Quote from: mountaineer on July 17, 2025, 09:22:49 pm
Why keep him on another week, let alone 9 or 10 months?

In the normal world when you are fired you are escorted out of the building. 
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Offline mystery-ak

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Re: Stephen Colbert's 'The Late Show' canceled on CBS: 'A financial decision'
« Reply #4 on: July 18, 2025, 09:20:46 am »
Jimmy Kimmel Lashes out at CBS for Canceling Colbert: ‘F**k You’

Jimmy Kimmel has rushed to back fellow left-wing talk show host Stephen Colbert, letting loose with a spray of foul-mouthed invective as the latter faces the demise of his eponymous Late Show.

https://www.breitbart.com/entertainment/2025/07/18/jimmy-kimmel-lashes-out-at-cbs-for-canceling-colbert-fk-you/
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Offline mystery-ak

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Re: Stephen Colbert's 'The Late Show' canceled on CBS: 'A financial decision'
« Reply #5 on: July 18, 2025, 09:23:02 am »
Democrat Senators Freak After CBS Cancels Colbert’s ‘Late Show’: ‘A Political Favor’

Democrat senators freaked out over CBS canceling Stephen Colbert’s Late Show, insinuating the move was made for political reasons by bizarrely suggesting the Trump administration is somehow concerned about the comedian’s content.

https://www.breitbart.com/entertainment/2025/07/18/democrat-senators-freak-after-cbs-cancels-colberts-late-show-a-political-favor/
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Offline Wingnut

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Re: Stephen Colbert's 'The Late Show' canceled on CBS: 'A financial decision'
« Reply #6 on: July 18, 2025, 09:33:04 am »
Quote from: mystery-ak on July 18, 2025, 09:20:46 am
Jimmy Kimmel Lashes out at CBS for Canceling Colbert: ‘F**k You’

Jimmy Kimmel has rushed to back fellow left-wing talk show host Stephen Colbert, letting loose with a spray of foul-mouthed invective as the latter faces the demise of his eponymous Late Show.

https://www.breitbart.com/entertainment/2025/07/18/jimmy-kimmel-lashes-out-at-cbs-for-canceling-colbert-fk-you/
Jimmy Jimmy Jimmy.  You are next unfunny crying man baby.
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Offline DefiantMassRINO

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Re: Stephen Colbert's 'The Late Show' canceled on CBS: 'A financial decision'
« Reply #7 on: July 18, 2025, 09:36:19 am »
If Paramount wanted their merger with SkyDance to go through, they had to make a sacrifice at the altar of MAGA.  Colbert was that sacrifice.

The corporate consolidation of media is a contributing factor to the current state of our politics because new voices do not have an opporunity to be heard.  The corporate interests align themselves with those in power because that's in the 'best interest of the shareholders' (the value of the Board's and Executives' stock options).

Vulture Capitalism is not about creating new value; it's about extracting and concentrating exisitng value into the hands of kleptocratic oligarchs.
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Offline Bigun

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Re: Stephen Colbert's 'The Late Show' canceled on CBS: 'A financial decision'
« Reply #8 on: July 18, 2025, 09:54:44 am »
Quote from: Wingnut on July 18, 2025, 09:33:04 am
Jimmy Jimmy Jimmy.  You are next unfunny crying man baby.

From your keyboard to God's ear!
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Offline Wingnut

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Re: Stephen Colbert's 'The Late Show' canceled on CBS: 'A financial decision'
« Reply #9 on: July 18, 2025, 10:01:59 am »
Quote from: Bigun on July 18, 2025, 09:54:44 am
From your keyboard to God's ear!

You know who would make a good replacement.  Someone like Shane Gillis.  He is an equal opportunity offender.
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Offline Bigun

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Re: Stephen Colbert's 'The Late Show' canceled on CBS: 'A financial decision'
« Reply #10 on: July 18, 2025, 10:04:24 am »
Quote from: Wingnut on July 18, 2025, 10:01:59 am
You know who would make a good replacement.  Someone like Shane Gillis.  He is an equal opportunity offender.

Never heard of him but I trust your judgement!
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"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien

Offline mountaineer

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Re: Stephen Colbert's 'The Late Show' canceled on CBS: 'A financial decision'
« Reply #11 on: July 18, 2025, 03:01:59 pm »
Perhaps if Colbert had tried just once to say or do something amusing, but NO, it was TrumpTrumpTrump, all the time.

https://twitter.com/mazemoore/status/1946254466014994901
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Offline jmyrlefuller

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Re: Stephen Colbert's 'The Late Show' canceled on CBS: 'A financial decision'
« Reply #12 on: July 18, 2025, 05:01:50 pm »
The Democrats are now up in arms at CBS alleging that Trump had extorted CBS and Skydance into firing Colbert. The word "bribery" is getting tossed around. There's just one problem with that: the Democrats themselves loved bribery when CBS was paying Andrew Cuomo's campaign account in exchange for custom-designed tax credits to keep The Late Show in New York.

Second, late-night TV is a dying, bloated format and time slot. Advertisers have been running away from the time slot for several years now; overall, ad money is down by half in just seven years. These shows have to maintaining a huge theater, the host, announcer, house band, production and writing staff (all union), and put out content five days a week whether the news cycle warrants it or not. It's no surprise that the one sustainable program, Fox News's Gutfeld!, is basically him and a few other regulars shooting the bull in front of a small studio audience.

You're not going to be able to pull off Johnny Carson style production without Johnny Carson level viewership, and the days of that are OVER and have been for years. People can watch DVR, stuff on Netflix, or they can just go to sleep... and let's face it, most late-night TV ages poorly. That's not so much true with the older stuff. You can watch Carson reruns, or the early work of David Letterman, today and it's still engaging, funny television. I wish more of the repertoire of Steve Allen and Jack Paar were still available.

Today's hosts don't give any reason for people to watch them. Jimmy Fallon is a lame, bloated nightmare full of stale routines; if it were not for the fact that it's The Tonight Show, the holy grail of late-night talk, and not for Lorne Michaels's stubbornly forcing Fallon upon the rest of the country, he'd've been the first to go.

The future of late-night TV is bleak. It's going to need smaller, more intimate formats.
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