In an unexpected and shocking move, CBS has officially announced that The Late Show with Stephen Colbert will come to an end next spring. The decision has sent ripples throughout the entertainment industry, with many wondering whether this is a symptom of a deeper issue in the late-night television landscape. Colbert, one of the longest-standing figures in the late-night circuit, known for his politically charged commentary and sharp humor, has seen his popularity and relevance drastically decline over the years. This cancellation comes just days after Colbert publicly criticized his own network, CBS, and commented on a $16 million settlement involving former President Donald Trump.

The cancellation has sparked debates about Colbert’s legacy, the shifting priorities in late-night television, and the broader implications of the increasing political divide in the media. Was this decision based on declining ratings, financial considerations, or something more political? And what does this mean for the future of late-night TV?
The Beginning of Colbert’s Decline: Politics and Ratings
Stephen Colbert took over The Late Show from David Letterman in 2015. At the time, Colbert was a beloved figure, especially for his satirical take on politics during his time hosting The Colbert Report on Comedy Central. His transition to CBS marked a new chapter, as he tried to adapt his political humor to a broader late-night audience. Initially, his sharp political commentary, especially aimed at the Trump administration, resonated with audiences, propelling The Late Show to strong ratings.
However, as the years went on, Colbert’s audience began to fragment. The political landscape in America became increasingly polarized, and Colbert, who had been seen as a comedic voice for the left, started alienating conservative viewers, who once enjoyed his satire. As his show became more openly partisan, ratings began to slip, and his once widespread appeal diminished. Colbert’s focus on anti-Trump rhetoric, while appealing to liberals, left little room for the kind of neutral comedy that had once united audiences.
In recent years, Colbert’s show has been criticized for being too political, with many viewers feeling that the late-night format had lost its entertainment value. “The goal of late-night television has always been to unite people through humor,” said a TV analyst. “Colbert’s shift to a more politically divisive approach hurt his ability to connect with a wider audience. When the political satire becomes one-sided, it alienates a significant portion of your viewers.”
The $16 Million Settlement and the Internal Struggles at CBS
The final blow to Colbert’s tenure at The Late Show came amid a growing rift between him and CBS. According to reports, Colbert was infuriated by a financial settlement between CBS’s parent company, Paramount Global, and former President Donald Trump’s legal team. The settlement was part of a lawsuit related to CBS’s handling of an interview with Vice President Kamala Harris during the 2024 presidential campaign. The lawsuit alleged that the network had deceptively edited the interview, causing irreparable damage to Harris’s public image.

In a rare public moment of dissent, Colbert blasted CBS, calling the payment a “big fat bribe” and expressing his outrage at how the network had handled the situation. His comments struck a nerve with CBS executives, who were already under pressure to make the network’s operations more profitable in the face of declining traditional TV viewership.

“CBS is trying to sweep this under the rug, but this is a huge mistake,” Colbert remarked during one of his late-night monologues. “If we’re going to sell out to appease Trump’s people, we should just close the doors.
His public criticism of the network’s decision to settle with Trump highlighted deeper issues within CBS, particularly regarding their handling of political content and their approach to managing talent. These internal struggles culminated in the network’s decision to cancel The Late Show.