LOS ANGELES – “The Late Show with Stephen Colbert” on CBS will end in May 2026 after the upcoming broadcast season, the network said on Thursday.

The show is ending and Colbert will not be replaced, CBS executives said.

“This is purely a financial decision against a challenging backdrop in late night. It is not related in any way to the show’s performance, content or other matters happening at Paramount,” the executives said in a statement.

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(Reporting by Lisa Richwine; Editing by Sandra Maler and Leslie Adler)