Sandra Oh criticized CBS and Paramount during her appearance on 'The Late Show with Stephen Colbert' on July 21 after its cancellation was announced. The network said it was "a financial decision," but the news came days after Colbert criticized Paramount for its $16 million settlement with President Donald Trump.

CBS is canceling “The Late Show With Stephen Colbert” next May, shuttering a decades-old TV institution and removing from air one of President Donald Trump's most prominent late-night critics.

On a recent episode of SiriusXM’s Andy Cohen Live, the Watch What Happens Live host cast doubt on the network’s purported financial motivation in a new way. Citing Matt Belloni’s claim on Puck News that The Late Show was losing more than $40 million a year for CBS,

CBS has canceled The Late Show with Stephen Colbert just a few days after Colbert criticised the network’s parent company, Paramount, for its high-profile settlement with President Trump.

CBS could not figure out a path to profitability in an entertainment world increasingly dominated by streaming.

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.

Donald Trump took to his TruthSocial platform Friday morning to revel in the announcement that CBS would bring the show to a close in May.