The entertainment industry is shocked by the news that CBS is ending “The Late Show,” which has been the top program for nine seasons, due to financial reasons, host Stephen Colbert revealed at the Ed Sullivan The@ter.

**Stephen Colbert’s *The Late Show* to Conclude After 10 Seasons**

Stephen Colbert has officially announced that his beloved late-night program, *The Late Show with Stephen Colbert*, will come to an end in May 2026, marking the conclusion of an extraordinary 10-year run.

The announcement was made during a taping at the iconic Ed Sullivan Theater on July 17, 2025. According to Colbert, CBS made the difficult decision to discontinue the show, citing financial considerations in an increasingly competitive late-night television market.

Reflecting on a Decade of Success

In an emotional monologue, Colbert expressed his heartfelt gratitude to his audience and the talented team at CBS who helped make the show a success. Over the years, *The Late Show* has entertained millions of viewers and earned numerous accolades, including being the number one late-night program for nine consecutive seasons. Colbert emphasized his deep appreciation for the fans who supported him throughout the years and the dedicated staff who brought the show to life.

CBS’s Official Statement

Following Colbert’s announcement, CBS released a statement confirming the decision to end the show. The network clarified that the cancellation was not related to the show’s performance or content quality. Instead, CBS highlighted Colbert’s innovative contributions to late-night television and acknowledged how *The Late Show* has shaped the cultural landscape over the past decade. The statement praised Colbert and his team for their creativity and dedication, calling the show a cornerstone of late-night entertainment.

Speculation Surrounding the Cancellation

While CBS maintains that the decision was purely business-driven, speculation has arisen regarding potential internal conflicts within the network. In recent weeks, Colbert had publicly voiced concerns about financial dealings involving CBS’s parent company, Paramount, particularly in relation to a settlement with former President Donald Trump. Some observers believe these comments may have influenced the timing of the announcement. However, CBS has denied any connection between the cancellation and these remarks.

A Farewell Season

As *The Late Show* approaches its final season, Colbert has pledged to continue delivering his signature humor and insightful commentary until the very last episode. Fans can expect a strong finish as Colbert and his team work to make the remaining months of the show memorable. From witty monologues to engaging interviews, viewers will have the opportunity to enjoy the show’s unique style during its farewell season.

The Legacy of *The Late Show*

Over the past decade, *The Late Show with Stephen Colbert* has become a defining force in late-night television. Known for its sharp political commentary, clever humor, and meaningful conversations, the show has consistently pushed boundaries and set new standards for the genre. Colbert’s ability to blend comedy with thoughtful analysis has resonated with audiences, making the show a staple of late-night entertainment.

As the curtain closes on *The Late Show*, fans and colleagues alike will reflect on the impact it has had on television and culture. Stephen Colbert’s legacy as a late-night host will undoubtedly endure, and his contributions to the industry will be remembered for years to come.