CBS will end "The Late Show with Stephen Colbert" and retire "The Late Show" franchise in May 2026, the company announced Thursday.

The veteran comedian, 78, shared a video montage of him roasting the TV network during his decades-long career of hosting “The Late Show” from 1993 to 2015.

Rumors about the $40 million annual losses appeared to stem from reports published by a media outlet called Puck and the New York Post.

David Letterman is subtly showing support for his successor Stephen Colbert after CBS' shock cancellation of "The Late Show."

Sandra Oh criticized CBS and Paramount during her appearance on 'The Late Show with Stephen Colbert' on July 21 after its cancellation was announced. The network said it was "a financial decision," but the news came days after Colbert criticized Paramount for its $16 million settlement with President Donald Trump.

Adam Sandler, Jon Stewart, Elizabeth Warren, and many more have voiced their support for the comedian following the controversial decision

Stephen Colbert announced "The Late Show" was cancelled three nights after revealing his summer mustache on air. Coincidence?

On a recent episode of SiriusXM’s Andy Cohen Live, the Watch What Happens Live host cast doubt on the network’s purported financial motivation in a new way. Citing Matt Belloni’s claim on Puck News that The Late Show was losing more than $40 million a year for CBS,