CBS announced it will end Stephen Colbert's "Late Show" after the next season due to financial reasons. The decision comes amid declining late-night TV viewership and rising production costs. CBS emphasized the move is not related to the show's performance or Colbert's work, praising his contribution to late-night television. Speculation exists regarding potential influence from Skydance Media, slated to acquire Paramount Global, given Colbert's political commentary.

Prepared by Emily Rhodes and reviewed by editorial team.