CBS Cancels 'The Late Show With Stephen Colbert': A Cultural Shift in Late-Night Television

CBS announces the cancellation of 'The Late Show With Stephen Colbert' slated for May next year, citing financial reasons amidst challenges in late-night TV. The show, a major platform for political satire and criticism, particularly of Donald Trump, ends amidst evolving media consumption trends.

CBS has announced the cancellation of 'The Late Show With Stephen Colbert,' marking the end of a significant era in late-night television. Scheduled for May next year, the decision is presented as a financial one, despite the show's success as a staple of political satire and cultural critique.

The announcement follows Colbert's critical response to a settlement between President Donald Trump and Paramount Global. With Colbert's tenure beginning in 2015, the show has been a prominent platform for political discourse, especially regarding Trump.

Despite Colbert's popularity and accolades including Emmy and Peabody awards, the broader shifts in media consumption and economic pressures on late-night TV are influencing CBS's decision. Colbert's consistent challenge to Trump and CBS management suggests deeper implications behind the show's cancellation.

(With inputs from agencies.)