In a shocking move, CBS is ending “The Late Show with Stephen Colbert” next year, and apparently exiting the late-night television business altogether. The network, citing financial pressures,

CBS is axing “The Late Show With Stephen Colbert” in May 2026. The announcement on live air Thursday came two days after Colbert spoke out against CBS Global settling with President Donald Trump over a “60 Minutes” story.

ABC’s Jimmy Kimmel interrupted his summer vacation to show support for fellow late-night host Stephen Colbert following the announcement that CBS will be ending The Late Show with Stephen Colbert — and the Late Show franchise altogether — at the end of the upcoming 2025-26 season.

CBS will end "The Late Show with Stephen Colbert" and retire "The Late Show" franchise in May 2026, the company announced Thursday.