Stephen Colbert's "The Late Show" will conclude its run in May 2026, CBS announced. The network cited purely financial reasons for ending the franchise, despite the show's consistent top ratings and Colbert's popular tenure. Colbert shared the news with his audience, expressing gratitude for his time on the show and acknowledging their disappointment. The decision is unrelated to the show's performance or content, according to CBS, and Colbert will not be replaced; the entire franchise is ending.

Prepared by Emily Rhodes and reviewed by editorial team.