A Satisfying Coda to the CBS-Paramount-Colbert 'Late Show' Tale, and Leftists Will Despise It
The Late Show With Stephen Colbert aired its final episode on May 21, 2026, after CBS announced its cancellation due to financial losses. CBS has since replaced Colbert's show with Byron Allen's Comics Unleashed, which operates under a new 'time buy' model that has turned a profit for the network. This shift has sparked discussions about the political implications of the cancellation and the changing landscape of late-night television.
- ▪CBS canceled The Late Show in July 2025, citing a loss of approximately $40 million annually.
- ▪Byron Allen's Comics Unleashed took over the 11:35 p.m. slot on May 22, 2026, under a new financial arrangement.
- ▪The new model allows CBS to profit from the time slot without incurring production costs.
Opening excerpt (first ~120 words) tap to expand
A Satisfying Coda to the CBS-Paramount-Colbert 'Late Show' Tale, and Leftists Will Despise It By Becca Lower | 7:36 PM on May 30, 2026 The opinions expressed by contributors are their own and do not necessarily represent the views of RedState.com. AP Photo/Yuki Iwamura The Stephen Colbert martyrdom crowd is not going to like this story one bit.As readers may have heard, The Late Show With Stephen Colbert aired for the last time just over a week ago on the Tiffany network. But the sordid tale of CBS, and its parent company, Paramount, putting the comedian's show in the ejector seat and pressing the bright red button, didn't end with the finale on Thursday, May 21.
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