Stephen Colbert Will End His 'late Show' Run Next Year As Cbs Retires Franchise

"The Late Show pinch Stephen Colbert" will broadcast its last show adjacent May, CBS said Thursday.

The network, which has aired "The Late Show" pinch Colbert arsenic its big since 2015, said it is ending nan franchise aft a "historic run."

"We see Stephen Colbert irreplaceable and will discontinue ‘THE LATE SHOW’ franchise astatine that time," CBS executives said successful a associated statement. "We are proud that Stephen called CBS home. He and nan broadcast will beryllium remembered successful nan pantheon of greats that graced precocious nighttime television.

"This is purely a financial determination against a challenging backdrop successful precocious night," they added. "It is not related successful immoderate measurement to nan show’s performance, contented aliases different matters happening astatine Paramount."

Colbert announced nan news connected his show Thursday, noting that he learned nan news conscionable nan erstwhile night.

"It's not conscionable nan extremity of our show," he said. "I'm not being replaced. This is each conscionable going away."

"The folks astatine CBS person been awesome partners," he added.

CBS' genitor company, Paramount, is successful nan midst of an $8 cardinal merger pinch Hollywood workplace Skydance. But nan woody has been delayed for months arsenic talks pinch lawyers for President Donald Trump dragged connected aft he revenge a suit complete an question and reply that CBS newsmagazine "60 Minutes" aired pinch erstwhile Vice President Kamala Harris.

Paramount agreed successful principle connected July 2 to settee nan suit by paying $16 cardinal to Trump's early statesmanlike library. However, Paramount Global said astatine nan time, "this suit is wholly abstracted from and unrelated to nan Skydance transaction and nan FCC support process." Trump's FCC commissioner Brendan Carr is investigating nan deal.