Colbert shared the news with his studio audience ahead of the show Thursday, telling them CBS canceled the show. Read what he said.

CBS has cancelled The Late Show and announced Stephen Colbert will serve as final host until May 2026 days after he called out his parent company's "bribe."

CBS is axing “The Late Show With Stephen Colbert” in May 2026. CBS is axing “The Late Show With Stephen Colbert” in May 2026, the host told an audience at a taping Thursday.