CBS announced that it has canceled "The Late Show with Stephen Colbert" and will end the program in May 2026, shocking the media and entertainment industry.

There has been much written about CBS ’ decision to cancel The Late Show with Stephen Colbert but there’s been little word out of the company itself. But after Skydance’s deal to take over Paramount became official this morning, George Cheeks, who is Chair of TV Media at the company, put his head above the parapet.