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"Colbert Stays, Trump Must Go": End of the Late Show Shakes New York Fans

On July 17, 2025, Stephen Colbert revealed during an episode taping that his late-night program on CBS's Ed Sullivan Theater in New York City will conclude its run in May 2026.
CBS said the cancellation was a purely financial decision due to a challenging late-night landscape, not related to the show's content or performance.
The show reportedly lost about $40 million annually and maintained a $130 million production budget with over 100 staffers despite ratings dropping to a fraction of David Letterman's era.
Donald Trump celebrated Colbert's cancellation on Truth Social, stating, "I absolutely love that Colbert got fired," while Colbert responded with mock outrage during a July 21 monologue.
Colbert will not exit quietly and plans to speak candidly against Trump going forward, while fans protested at the theater chanting "Colbert Stays!" demonstrating ongoing public support.

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Townhall

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Australian Financial Review

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Entertainment Weekly

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Slay News

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Japan Today

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