Stephen Colbert's "Late Show" is ending after its upcoming 11th season in May 2026, a decision CBS attributes to financial reasons. Colbert, initially reacting with humor and a pointed message to President Trump, later expressed gratitude to his audience and CBS. However, speculation abounds that the cancellation is politically motivated, linked to a CBS settlement with Trump and prompting investigations. Senators Warren, Sanders, and Wyden are questioning the involvement of Skydance Media in the decision. Colbert's final season promises to continue with typical wit and commentary.

Prepared by Emily Rhodes and reviewed by editorial team.