CBS honcho breaks silence on Stephen Colbert's 'Late Show' cancellation
- Comments
Stephen Colbert goes after Paramount-SkyDance merger with pee jokes
Stephen Colbert went after the SkyDance-Paramount merger on Monday during his monologue, taking aim at their new stock ticker symbol, PSKY, with pee jokes.
NEWYou can now listen to Fox News articles!The CBS television chief broke his public silence about the decision to cancel "The Late Show with Stephen Colbert," echoing company talking points Thursday that the program will be shuttered for purely economic reasons.
Paramount Chair of TV Media George Cheeks spoke about canceling Colbert’s show during a press conference following the close of a long-planned merger that put CBS’ parent company under new ownership. Cheeks, one of the few executives from the previous regime to stick around after the Skydance Media merger, oversaw all of CBS when the decision was made to cancel the program.
"We are huge fans of Colbert, we love the show. Unfortunately, the economics made it a challenge for us to keep going," Cheeks told reporters in his first public remarks about Colbert since it was revealed the program would end in May 2026 and the "Late Night" brand would be retired.
CBS CANCELS 'THE LATE SHOW,' STEPHEN COLBERT TO END PROGRAM IN MAY 2026

"The Late Show with Stephen Colbert" will end in May 2026. (Screenshot/Colbert)
"The challenge in late night is that the advertising marketplace is in significant secular decline," Cheeks continued.
CBS said it was "purely a financial decision against a challenging backdrop in late night" when announcing the surprising plans last month.
"The Late Show," which Colbert took over from David Letterman in 2015, famously leaned into liberal politics in the Trump era and became a major platform for Democratic politicians.
Colbert had been outspoken with his criticism of Paramount settling President Donald Trump's lawsuit against the company over CBS' handling of the "60 Minutes" interview with then-Vice President Kamala Harris in the run-up to the election. Paramount settled the lawsuit last month, and the FCC approved the long-planned, $8 billion merger with Skydance shortly after.
CNN'S ANDERSON COOPER SHOWS UP TO SUPPORT 'LATE SHOW' HOST STEPHEN COLBERT AFTER CANCELLATION

Paramount Chair of TV Media George Cheeks. (Kristina Bumphrey/Variety via Getty Images)
Many have questioned the decision, suggesting that it was done to appease Trump and the FCC, but everyone involved has pointed directly to the show’s bottom line from the start.
"It is not related in any way to the show's performance, content or other matters happening at Paramount," the network said when first announcing the "Late Show" would be canceled.
Puck News' Matt Belloni reported that the late-night show "has been losing more than $40 million a year" for CBS and that it had a budget of "more than $100 million per season."
COLBERT TELLS TRUMP TO 'GO F--- YOURSELF’ AFTER PRESIDENT TAUNTS HIM OVER SHOW CANCELLATION

When breaking his public silence, Cheeks did not confirm the exact amount but acknowledged the "Late Show" was losing significant cash.
"At the end of the day, it just wasn’t sustainable to continue," he said.
CLICK HERE TO GET THE FOX NEWS APP
Fox News Digital’s Joseph A. Wulfsohn contributed to this report.
(责任编辑:探索)
-
消保一路有“宁”:宁波银行上海分行全面开展“2024年普及金融知识万里行”活动
2024年6月,宁波银行上海分行以“加强风险防范,暖心金融服务”口号为引领,全面开展“普及金融知识万里行”活动,保障金融消费者的受教育权利,构建和谐稳定的金融环境。拓宽宣传渠道,丰富宣传形式 分行借助 ...[详细]
-
在慢步中后肢回转(walk pirouette)看起来似乎很容易?但是当你真正了解完成这个动作的细节时,就会意识到其中充满技术要求,而且很容易犯错。这些错误可能包括马背下陷、打乱节奏、过度旋转、后腿交 ...[详细]
-
图源:新华社8月14日至24日,2025年WTT欧洲大满贯瑞典站将在瑞典马尔默举行,国乒多名主力将参赛。国乒参赛名单:女单:孙颖莎、王曼昱、陈幸同、王艺迪、蒯曼、石洵瑶、钱天一、陈熠、何卓佳男单:林诗 ...[详细]
-
昨天,庄信万丰上海)催化剂有限公司940万美元硝酸铂、硝酸钯溶液,在上海海关所属松江海关全力支持下,按照采购方约定时限顺利出口马来西亚。图说:4月30日,松江海关对庄信万丰上海)催化剂有限公司出口危险 ...[详细]
-
最近有玩家发现,曾辍学贷款百万做游戏的UP主@次元边界_君制作的二次元赛博主题游戏《上传》Steam页面已清空,且B站账号显示为“账号已注销”。官方的最新动态为:“《上传upload playtest ...[详细]
-
据伊朗伊斯兰共和国通讯社12日报道,伊朗第一副总统阿雷夫当天在首都德黑兰表示,如果条件合适,伊朗可以直接与美国进行核谈判,但美方要求伊朗完全放弃铀浓缩活动是个“大笑话”。阿雷夫在一场同媒体记者见面的活 ...[详细]
-
2025年朝阳小升初非京籍在京务工就业证明审核标准来源:朝阳义务教育入学服务平台2025-04-29 18:31:19 ...[详细]
-
昨天,庄信万丰上海)催化剂有限公司940万美元硝酸铂、硝酸钯溶液,在上海海关所属松江海关全力支持下,按照采购方约定时限顺利出口马来西亚。图说:4月30日,松江海关对庄信万丰上海)催化剂有限公司出口危险 ...[详细]
-
I have a best friend.She has long,straight,black hair,big,black eyes and a small nose.She is very th ...[详细]
-
中新网8月11日电 据贵州省纪委监委消息:贵州省生态环境厅生态环境监察专员谢培午涉嫌严重违纪违法,目前正接受贵州省纪委监委纪律审查和监察调查。 ...[详细]