"Next year will be our last season,” the late-night talk show host announced Thursday, July 17. "The network will be ending 'The Late Show’ next May."

TV hosts and celebrities are reacting to news of the cancellation of "The Late Show with Stephen Colbert" and the entire franchise.

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,

President Trump is celebrating the cancellation of Stephen Colbert's 'The Late Show' on CBS — and calling for even more late-night hosts to lose their jobs.

John Oliver was in Erie, Pennsylvania over the weekend to rebrand the city's minor league baseball to the Moon Mammoths. The Last Week Tonight host revealed in May that he would help bring a new look to the Detroit Tigers Double-A affiliate team,

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

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.

CBS could not figure out a path to profitability in an entertainment world increasingly dominated by streaming.