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Stephen Colbert Prepares for Final Broadcast as CBS Retires ‘The Late Show’

CBS says the show is ending for financial reasons after drawing millions of viewers and giving local affiliates a ratings boost, the network said.

  • Stephen Colbert is ending his over ten-year tenure as host of The Late Show, with the final episode airing on Thursday.
  • CBS decided to retire The Late Show about 10 months ago in a move related to financial difficulties in the late-night television sector.
  • Colbert said he will step down from the show with enough energy to pursue other projects after hosting the last episode.
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Don Lichterman broke the news on Sunday, May 17, 2026.
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