In a shocking move, CBS is ending “The Late Show with Stephen Colbert” next year, potentially exiting the late-night television business altogether. The cancellation will take effect in May 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."

“Before we start the show, I want to let you know something that I found out just last night. Next year will be our last season. The network will be ending the ‘Late Show’ in May,” Colbert said in the clip, as the audience booed. “And, yeah, I share your feelings. It’s not just the end of our show, but it’s the end of ‘The Late Show’ on CBS.”