CBS Ends Stephen Colbert Late Show Amid Financial Decline

CBS announced it will end 'The Late Show with Stephen Colbert' in May 2026, citing financial reasons and marking the end of the franchise. The cancellation has sparked widespread discussion about the decline of late-night television amid shifting audience preferences and rising costs, with some speculating political and corporate merger-related factors may have influenced the decision. Colbert humorously suggested his summer mustache played a role in the cancellation, dubbing the phenomenon 'stache-ism,' while also openly criticizing a $16 million settlement involving CBS's parent company and President Donald Trump. Adam Sandler expressed sympathy for Colbert, praising his resilience and intelligence, and teased a possible sequel to his own film 'Billy Madison.' Meanwhile, actor Rob Schneider remarked on the changing late-night landscape and criticized overly political comedy for alienating audiences. Overall, the decision underscores the evolving media environment and challenges facing traditional late-night programming.