❓WHAT HAPPENED: President Donald J. Trump has welcomed the cancellation of The Late Show with Stephen Colbert by CBS.
👤WHO WAS INVOLVED: Stephen Colbert, CBS, Paramount (CBS’ parent company), and President Donald Trump.
📍WHEN & WHERE: Announced on Thursday, with the show set to conclude in May 2026.
💬KEY QUOTE: “It’s not just the end of our show, but it’s the end of The Late Show on CBS. I’m not being replaced, this is all just going away.” – Stephen Colbert
🎯IMPACT: Colbert’s firing appears to be linked to the merger negotiations between Paramount, the parent company of CBS, and Skydance Media.
On Thursday, CBS announced the cancellation of The Late Show with Stephen Colbert, amid parent company Paramount’s proposed merger with Skydance Media, which requires Federal Communications Commission (FCC) approval. Colbert recently called out Paramount for its $16 million settlement with the America First leader, who has welcomed the host’s apparent firing.
“I absolutely love that Colbert got fired. His talent was even less than his ratings,” Trump wrote on his Truth Social platform, adding, “I hear Jimmy Kimmel is next. Has even less talent than Colbert!”
During his monologue on Paramount’s settlement with CBS, Colbert had stated, “While I was on vacation, my parent corporation, Paramount, paid Donald Trump a $16 million settlement over his 60 Minutes lawsuit. As someone who has always been a proud employee of this network, I am offended, and I don’t know if anything will ever repair my trust in this company.”
In a press release, CBS described the decision to fire Colbert as “agonizing,” claiming that the move was “purely a financial decision against a challenging backdrop in late night. It is not related in any way to the show’s performance, content or other matters happening at Paramount.”
Colbert addressed his audience on Thursday, saying, “It’s not just the end of our show, but it’s the end of The Late Show on CBS. I’m not being replaced, this is all just going away.”
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