Colbert shared the news with his studio audience ahead of the show Thursday, telling them CBS canceled the show. Read what he said.

Exclusive: Multiple CBS staffers who spoke with The Independent said they aren’t buying the company’s claim that Colbert’s cancellation was a ‘financial decision,’ adding that the demise of the show has left ‘everyone stunned.

Stephen Colbert's "The Late Show", long a staple of late night US television, will end in 2026, the CBS network said, days after the comedian blasted parent company Paramount's $16 million settlement with President Donald Trump as "a big fat bribe.