A new report from Puck's Matt Belloni is shedding light on the finances that led to CBS' bombshell cancellation of "The Late Show with Stephen Colbert."

Jimmy Kimmel gave a salute to “The Late Show With Stephen Colbert” — and blasted rival network CBS — on Thursday evening, hours after CBS announced that it is canceling Colbert’s series in May 2026 and retiring the “Late Show” brand. “Love you Stephen,” Kimmel wrote on his Instagram story, captioning a clip of Colbert’s …

The network said the show would end in May, when host Stephen Colbert’s current contract expires. Colbert announced the news to the audience attending the taping for Thursday night’s show, and posted the message on social media.

The award-winning news comedy show, which propelled Jon Stewart to fame and saw him return as a one-day-a-week anchor in 2024, is adding a new rotating host to its lineup.

Seth Meyers also reacted among other prominent political figures and Hollywood stars sharing their disgust over the news that 'The Late Show With Stephen Colbert' will end its run in 2026, including Julia Louis-Dreyfus,

Credit: The Late Show with Stephen Colbert When we started the Late Show in 1993, we had the same goals everyone doing talk shows has: make people laugh and never threaten a corporate merger. If Colbert had been #1 and nominated for an Emmy two days prior none of this would have happened.

Jamie Lee Curtis Makes Cryptic Statement Following CBS 'Late Show' Cancellation originally appeared on Parade. Jamie Lee Curtis isn't holding back her feelings about the recent cancellation of The Late Show with Stephen Colbert.

Show' host's comments came shortly before it was announced that CBS has canceled 'The Late Show With Stephen Colbert.'