Did money or politics cause Colbert cancellation? Either way, the economics are tough for TV
The television landscape was rocked this week by the bombshell announcement that The Late Show with Stephen Colbert will end its run in May 2026. While CBS and its parent company, Paramount Global, have firmly stated the decision is "purely financial," the timing and circumstances have ignited a fiery debate: was this a business move, a political manoeuvre, or an unfortunate confluence of both?
The cancellation of CBS's highest-rated late-night program comes just days after Stephen Colbert publicly lambasted Paramount's $16 million settlement with President Donald Trump over a "60 Minutes" interview. Colbert, a relentless critic of Trump, called the settlement a "big fat bribe," linking it to Paramount's pending merger with Skydance Media, which requires Trump administration approval. This direct criticism of his own network's parent company has fuelled speculation that his outspoken political commentary...
