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'Late Show's' Demise More than Politics

NEW YORK, UNITED STATES, JUL 23 – FCC Chairman Brendan Carr dismissed claims that political pressure led to CBS canceling Stephen Colbert's show, citing financial losses of $40 million annually as the primary reason.

  • On Thursday, Fox News anchor Bill Hemmer interviewed FCC Chair Brendan Carr about the announced cancellation of CBS's The Late Show with Stephen Colbert, set for next year.
  • The cancellation was officially a financial decision by CBS's parent company Paramount, amid a pending merger with Skydance Media, though fans and some critics allege political motives tied to a settlement with President Trump.
  • Carr praised Trump's challenge to legacy media gatekeepers while acknowledging a broader dynamic of political and media polarization, and he said "it's entirely possible" shows like ABC's The View face similar scrutiny.
  • Roughly 2 to 3 million nightly viewers watch Colbert or Fox's Greg Gutfeld's show, but cable news has fragmented audiences, fueling a partisan media environment that Trump exploited by undermining longstanding media control.
  • The cancellation and political tensions suggest continuing consequences for media, including chilling effects on content creation and ongoing investigations into broadcaster policies amid shifting power dynamics.
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HuffPost broke the news in United States on Wednesday, July 23, 2025.
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