John Oliver reacts to Colbert's show cancellation
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CBS said it planned to cancel Stephen Colbert's Late Show after next season, citing the weakening finances of late night
The network claimed it was “purely a financial decision.” “We consider Stephen Colbert irreplaceable and will retire ‘The Late Show’ franchise in May of 2026,” CBS executives’ statement read. “We are proud that Stephen called CBS home. He and the broadcast will be remembered in the pantheon of greats that graced late night television.”