A new report from Puck's Matt Belloni is shedding light on the finances that led to CBS' bombshell cancellation of "The Late Show with Stephen Colbert."

CBS announced on Thursday that 'The Late Show With Stephen Colbert' would end in 2026, but the timing, coincidental or not, comes as Paramount tries to sell itself to Skydance.

The Late Show host Stephen Colbert may not quite be the 1,000-pound gorilla of the modern interview format (that would be Joe Rogan), but he certainly carries a lot of weight. When you're the highest-rated late-night host on broadcast television and one of the most recognizable people in media,

Regardless, artists such as Kristin Chenoweth and Rachel Zegler are shocked. On Colbert's recent Instagram post about the news, the Broadway legend wrote, "NOOOO!!!," while the We

TV hosts and celebrities are reacting to news of the cancellation of "The Late Show with Stephen Colbert" and the entire franchise.

Prominent political figures as well as Hollywood stars have reacted with disgust over the news that 'The Late Show With Stephen Colbert' will end its run in 2026.

"Next year will be our last season,” the late-night talk show host announced Thursday, July 17. "The network will be ending 'The Late Show’ next May."

The president on Friday openly basked in the news and suggested that Jimmy Kimmel might be "next" in losing his late night job.

Before Stephen Colbert's "Late Show" was canceled, Jon Stewart hadn't "heard anything" about whether his Comedy Central show would be canceled.