Why cancel Is Trending Today?

CBS has cancelled "The Late Show with Stephen Colbert" after 12 years, citing financial losses of around $40 million annually. The move has sparked speculation about political motivations, with some suggesting that Colbert's criticism of former President Trump played a role. Colbert's show was a consistent ratings leader in late-night television, but CBS has decided to end the franchise in May 2026. The cancellation has been met with backlash from fellow late-night hosts, celebrities, and political figures, who have expressed their support for Colbert and criticized CBS's decision.

CBS has announced the cancellation of "The Late Show with Stephen Colbert" in May 2026, citing financial reasons.