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Stephen Colbert on stage at "The Late Show" set, addressing an audience, with a large screen displaying the show's title and a banner reading "FINAL SEASON THANK YOU FOR 11 INCREDIBLE YEARS" in a control room.

Stephen Colbert on stage at "The Late Show" set, addressing an audience, with a large screen displaying the show's title and a banner reading "FINAL SEASON THANK YOU FOR 11 INCREDIBLE YEARS" in a control room.

"The Late Show with Stephen Colbert" will conclude its 11-year run on CBS on May 21, 2026, marking the end of the historic franchise and traditional late-night programming for the network. Despite maintaining high viewership ratings (around 2.47 million viewers), the show is reportedly losing over $40 million annually, prompting Paramount Global to cancel it. Key details regarding the end of the show: Finale Date: The final episode is scheduled for Thursday, May 21, 2026. Production Status: The 2025-2026 season was previously announced as the final season for the show. Financial Factors: Despite leading other late-night shows in ratings, the show's, significant yearly losses of over $40 million contributed to the decision to end production. Context: This move marks a significant shift in the television landscape as networks adjust to declining ad revenue in traditional late-night formats. Mehr sehen