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.

Prominent political figures as well as Hollywood stars have reacted with disgust over the news that 'The Late Show With Stephen Colbert' will end its run in 2026.

Colbert confirmed the cancellation during a show taping on Thursday. CBS said the move was "purely a financial decision against a challenging backdrop in late night."

Later, Schiff did address CBS’ decision to cancel Late Show, writing on X, “Just finished taping with Stephen Colbert who announced his show was cancelled. If Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better.”

Meg Stalter appeared on 'The Late Show with Stephen Colbert' wearing a corset top that she sewed herself on the way to the talk show. The 'Too Much' actress also sported long, copper-toned hair.

The Daily Show (which won the award in 2024), Jimmy Kimmel Live! and The Late Show With Stephen Colbert will compete for the award at September's Primetime Emmy ceremony. There had been some speculation that Hot Ones would make history by becoming the first YouTube show nominated, but Television Academy voters went for three perennial nominees.