T he 2025 TV schedule has been a tumultuous time for the world of late night television, including the quiet cancellation of After Midnight in the spring and the shocking cancellation of Stephen Colbert's The Late Show in July.

CBS announced that it has canceled "The Late Show with Stephen Colbert" and will end the program in May 2026, shocking the media and entertainment industry.

Parrot Analytics data finds "Last Week Tonight With John Oliver" leading the late-night pack in streaming revenue

The co-creator of The Daily Show has called out CBS for canceling Stephen Colbert’s late-night program, saying it indicates the network is “afraid.” Lizz Winstead appeared on MSNBC on Sunday after authoring a scathing op-ed in Rolling Stone on Friday that cast doubt on CBS’ assertion that it canceled The Late Show purely for financial reasons.

Stephen Colbert announced "The Late Show" was cancelled three nights after revealing his summer mustache on air. Coincidence?