On July 17, CBS News announced it will cancel "The Late Show With Stephen Colbert " in May 2026, in what was described as a purely financial decision unrelated to the show's content. President Donald Trump - whom Colbert frequently skewers in monologues - quickly weighed in on the decision.

Late-night hosts including Jon Stewart and Jimmy Fallon joined Colbert in solidarity. “I’m going to go ahead and say it,” he quipped. “Cancel culture has gone too far.”