Stephen Colbert will now not host The Late Present. Following the community’s stunning $16 million settlement towards Donald Trump, CBS introduced that The Late Present with Stephen Colbert is ending subsequent 12 months. As followers of the late-night comedy present grapple with its imminent conclusion, many are questioning why the present was canceled.
Under, Hollywood Life has a breakdown of why The Late Present with Stephen Colbert is ending.
Was The Late Present With Stephen Colbert Canceled?
Sure, CBS is canceling The Late Present franchise after greater than three a long time on the air. Stephen took over the present in 2015, and it was initially hosted by David Letterman.
When Is The Late Present With Stephen Colbert Ending?
The Late Present will finish in Could 2026, CBS executives introduced on July 17, 2025.
Why Is The Late Present With Stephen Colbert Ending?
CBS determined to intestine The Late Present with Stephen Colbert because of monetary causes, community executives defined in an announcement launched on July 17, 2025, obtained by Selection.
“We contemplate Stephen Colbert irreplaceable and can retire The Late Present franchise in Could of 2026,” CBS executives mentioned. “We’re proud that Stephen referred to as CBS dwelling. He and the printed shall be remembered within the pantheon of greats that graced late night time tv.”
The executives added, “That is purely a monetary choice towards a difficult backdrop in late night time. It’s not associated in any method to the present’s efficiency, content material or different issues taking place at Paramount.”
The merger between Paramount World — the mother or father firm of CBS — and Skydance Media is anticipated to shut this 12 months.
Paramount has doubled down on its declare that canceling Stephen’s present was monetary. Regardless of dealing with criticism from Stephen himself, the community has maintained its reply, with Paramount World TV Media Chairman George Cheeks following up in regards to the scenario.
“The problem in late night time is that the promoting market is in vital secular decline,” George mentioned in an August 2025 press convention, per TV Insider. “We’re large followers of Colbert, we love the present, sadly, the economics made it a problem for us to maintain going.”
Is Stephen Colbert Leaving The Late Present?
Stephen didn’t depart The Late Present voluntarily. Per Selection, the comic was knowledgeable of CBS’ choice on July 16, 2025, and he knowledgeable the viewers on the subsequent episode’s taping.
What Is Stephen Colbert’s Late Present Wage?
Stephen is reported to have made a wage of round $15 million per 12 months with CBS whereas internet hosting The Late Present.
