Overview

• CBS confirmed that The Late Show with Stephen Colbert will conclude in May 2026, citing rising production costs and stiff late-night competition.
• Paramount Global agreed to pay President Trump $16 million to settle his defamation lawsuit over a ’60 Minutes‘ interview.
• Critics say the cancellation coincides with the Trump settlement and a pending Skydance merger review, raising concerns about corporate political influence.
• President Trump celebrated the planned end of Colbert’s show on Truth Social, mocking the host’s talent and audience size.
• Commentators warn that targeting a prominent satirist risks setting a dangerous precedent for press freedom and independent comedy.