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Late night time tv goes via main adjustments in 2025. CBS confirmed that The Late Present with Stephen Colbert will finish subsequent yr, simply weeks after Stephen Colbert picked up one other Emmy for Excellent Selection Speak Collection. Over at ABC, Jimmy Kimmel additionally added to his résumé with a Artistic Arts Emmy win for Excellent Host for a Recreation Present because of Who Needs to Be a Millionaire. However his celebration was short-lived — ABC introduced that Jimmy Kimmel Dwell! has been suspended indefinitely following backlash over Kimmel’s current on-air remarks in regards to the suspect in Charlie Kirk’s killing.
As viewers come to phrases with Colbert’s looming exit and Kimmel’s present being pulled from the schedule, questions are swirling about the way forward for late night time and what may come subsequent.
Beneath, Hollywood Life has a breakdown of why The Late Present with Stephen Colbert is ending.
Was The Late Present With Stephen Colbert Canceled?
Sure, CBS is canceling The Late Present franchise after greater than three many years on the air. Stephen took over the present in 2015, and it was initially hosted by David Letterman.
When Is The Late Present With Stephen Colbert Ending?
The Late Present will finish in Might 2026, CBS executives introduced on July 17, 2025.
Why Is The Late Present With Stephen Colbert Ending?
CBS determined to intestine The Late Present with Stephen Colbert resulting from monetary causes, community executives defined in an announcement launched on July 17, 2025, obtained by Selection.
“We think about Stephen Colbert irreplaceable and can retire The Late Present franchise in Might of 2026,” CBS executives mentioned. “We’re proud that Stephen referred to as CBS residence. He and the published shall be remembered within the pantheon of greats that graced late night time tv.”
The executives added, “That is purely a monetary choice towards a difficult backdrop in late night time. It’s not associated in any solution to the present’s efficiency, content material or different issues occurring at Paramount.”
The merger between Paramount World — the guardian firm of CBS — and Skydance Media is predicted to shut this yr.

Paramount has doubled down on its declare that canceling Stephen’s present was monetary. Regardless of going through criticism from Stephen himself, the community has maintained its reply, with Paramount World TV Media Chairman George Cheeks following up in regards to the state of affairs.
“The problem in late night time is that the promoting market is in important secular decline,” George mentioned in an August 2025 press convention, per TV Insider. “We’re large followers of Colbert, we love the present, sadly, the economics made it a problem for us to maintain going.”
Is Stephen Colbert Leaving The Late Present?
Stephen didn’t go away The Late Present voluntarily. Per Selection, the comic was knowledgeable of CBS’ choice on July 16, 2025, and he knowledgeable the viewers on the subsequent episode’s taping.
What Is Stephen Colbert’s Late Present Wage?
Stephen is reported to have made a wage of round $15 million per yr with CBS whereas internet hosting The Late Present.
