Stephen Colbert Exits 'The Late Show' Amid Controversy

May 22, 2026

68 min

May 22, 2026 05:30

'Hello, Goodbye': 'Late Show' host Stephen Colbert bows out

## Colbert's Final Bow

Stephen Colbert hosted his last episode of "The Late Show" on May 21, 2026, after CBS decided to cancel the program. The decision followed Colbert's criticism of CBS for a $16 million settlement with Donald Trump, which he described as a "big fat bribe."

## Star-Studded Farewell

The final episode featured an impressive lineup, including Paul McCartney, who performed "Hello, Goodbye" to a packed audience at the Ed Sullivan Theater. Other celebrities like Tim Meadows, Paul Rudd, Ryan Reynolds, and Bryan Cranston made appearances.

## Behind the Cancellation

CBS claimed the cancellation was due to financial reasons, coinciding with its parent company Paramount's merger with Skydance Media. However, the timing raised eyebrows as CBS also appointed Bari Weiss, a right-wing journalist, to lead its news division.

## Colbert's Legacy and Future

Colbert, known for his satirical take on politics, did not directly mention Trump in his final episode. Instead, he used a CGI wormhole gag as a metaphor for the president's influence. Colbert hinted at future projects, including writing for a "Lord of the Rings" movie, and joked about his post-show plans.

## Reactions and Impact

Fans gathered outside the theater to show support, while fellow late-night hosts aired reruns in respect. Colbert's departure marks the end of an era in late-night television, leaving a significant impact on the genre.

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