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Liberal Late-Night Hosts Melt Down Over CBS Axing “Late Show”

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Stephen Colbert
Photo Credit: The Late Show with Stephen Colbert/YouTube. https://www.youtube.com/watch?v=AuqEZx6TmfI

Liberal late night hosts are losing their minds after CBS announced the end of its long-running late-night staple, “The Late Show,” with Stephen Colbert set to wrap his tenure in May 2026.

While the network insists the move is strictly financial, the fallout from the decision has sent shockwaves through the liberal entertainment world.

The official statement from CBS framed the show’s impending demise as an unavoidable consequence of broader industry issues.

“The Late Show With Stephen Colbert will end its historic run in May 2026 at the end of the broadcast season,” the network said Thursday.

“We consider Stephen Colbert irreplaceable and will retire The Late Show franchise at that time. We are proud that Stephen called CBS home,” the statement continued.

“He and the broadcast will be remembered in the pantheon of greats that graced late night television.”

They went out of their way to clarify that, “This is purely a financial decision against a challenging backdrop in late night. It is not related in any way to the show’s performance, content or other matters happening at Paramount.”

The explanation didn’t stop speculation about the show’s cancellation, especially since the announcement came on the heels of Colbert slamming CBS’s parent company, Paramount Global, for cutting a $16 million check to Donald Trump to settle a lawsuit over a heavily edited 2024 60 Minutes interview with then-candidate Kamala Harris.

Colbert wasted no time unloading on the settlement. Calling it a “big fat bribe,” the host said Monday night.

“I don’t know if anything, anything will repair my trust in this company,” he added about his own network. “But, just taking a stab at it, I’d say $16 million would help.”

By Thursday, Colbert confirmed to his live studio audience that next season would be his last.

“Before we start the show, I want to let you know something that I found out just last night: Next year will be our last season. The network will be ending The Late Show in May,” he announced at the top of the taping, as a chorus of boos erupted in the Ed Sullivan Theater.

“Yeah, I share your feelings,” he replied. “It’s not just the end of our show, but it’s the end of The Late Show on CBS. I’m not being replaced. This is all just going away.”

Colbert’s reign began in 2015 when he stepped into the role left behind by David Letterman, who launched the show in 1993.

In nearly a decade, Colbert transformed the program into a nightly hub for progressive political commentary, often taking shots at conservatives and especially Trump.

So when Trump caught wind of the cancellation, he celebrated like a man who just got the last word.

Posting to Truth Social, the former president took aim directly at the now-cancelled late-night host.

“I absolutely love that Colbert got fired. His talent was even less than his ratings,” Trump wrote.

“I hear Jimmy Kimmel is next. Has even less talent than Colbert! Greg Gutfeld is better than all of them combined, including the Moron on NBC who ruined the once great Tonight Show.”

The Trump slam-fest didn’t sit well with fellow late-night personalities. Kimmel responded on Instagram with an unsubtle swipe at CBS, writing, “Love you Stephen. F— you and all your Sheldons CBS.”

Jimmy Fallon, host of The Tonight Show, took a more subdued approach, sharing a somber tribute on Instagram Stories.

“I’m just as shocked as everyone,” he posted. “Stephen is one of the sharpest, funniest hosts to ever do it. I really thought I’d ride this out with him for years to come.”

The network’s decision also triggered backlash from left-wing lawmakers, who openly speculated whether politics played a role in the move.

Senator Elizabeth Warren (D-MA) suggested the cancellation had less to do with money and more to do with Colbert’s criticism of the Trump settlement.

“CBS canceled Colbert’s show just THREE DAYS after Colbert called out CBS parent company Paramount for its $16M settlement with Trump — a deal that looks like bribery,” Warren wrote.

“America deserves to know if his show was canceled for political reasons,” she added.

California Congressman Adam Schiff echoed the same suspicions in a post on X.

“If Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better,” he wrote.

Meanwhile, Comedy Central’s Jon Stewart openly wondered whether The Daily Show could face a similar fate—particularly if Paramount Global moves forward with a proposed merger with Skydance.

“Boy, that’s a good question,” Stewart said, noting that executives hadn’t assured him of his job security.

“Unfortunately, we haven’t heard anything from them. They haven’t called me and said like, ‘Don’t get too comfortable in that office, Stewart!'”

Still, Stewart expressed confidence in his show’s staying power, arguing it remains one of the few viable properties left on Comedy Central, despite calling CBS’s settlement with Trump “shameful.”

“I’d like to believe that without The Daily Show… I don’t know. Comedy Central is kind of like muzak at this point,” he said.

“I think we’re the only sort of life that exists on a current basis other than South Park. But it’s the only thing on there.”

“If they’re looking at it as purely a real estate transaction, I think we bring a lot of value,” Stewart remarked.

“But that may not be their consideration. They may sell the whole f—ing place for parts. I just don’t know. We’ll deal with it when we do.”

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