Overview

• Speaking at his Television Academy Hall of Fame induction, Conan O’Brien said late‑night as defined since 1950 will “disappear” and called Stephen Colbert “too talented and too essential to go away.”
• He predicted Colbert will “shine brighter than ever” in a format he controls, arguing that streaming changes the pipeline for delivery without diminishing the creative connection to audiences.
• CBS has scheduled The Late Show to conclude in May 2026 and says the decision was financial, with widely circulated claims of roughly $40 million in annual losses continuing to be contested.
• Jimmy Kimmel labeled the $40 million figure “beyond nonsensical,” citing overlooked affiliate fees, and said he plans to vote for Colbert at the Emmys to register support.
• Paramount’s $16 million settlement with President Donald Trump continues to draw scrutiny, with critics questioning political influence on the cancellation even as the company maintains it was a financial call.