In a shocking turn of events, CBS canceled The Late Show with Stephen Colbert, and the reasoning behind the decision is more confusing than ever.

When it was announced in 2014 that Stephen Colbert would succeed David Letterman as host of the CBS “Late Show,” reaction was mixed. Letterman, who retired after helming the talk show for 22 years, had a loyal audience. At that point, Colbert was best known for playing a satirical version of himself on Comedy Central’s “The Colbert Report.”

Stephen Colbert reunites with Fallon, Stewart, Meyers, and Oliver as fans and industry react to show’s cancellation.

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"They have to have what it takes to succeed independently, but not if it relies on old structures," one expert told Newsweek.

Colbert's 'The Late Show' will end in May 2026. Colbert's blend of comedy and commentary has made him a voice of reason in an era of political turmoil.

CBS announced Thursday that it will end Stephen Colbert’s “The Late Show” after the upcoming TV season, citing a “financial

America says adieu to Stephen Colbert -- the character, that is -- before we have a chance to get to know the man who shares his name. IE 11 is not supported.

Jon Stewart is raising alarm bells over his own fate at Comedy Central following the cancellation of "The Late Show with Stephen Colbert."

Jerry Seinfeld and Stephen Colbert spend a good chunk of their ’Late Show’ chat debating the separation of man and art with Bill Cosby.