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Stephen Colbert has announced that The Late Show will officially end in May 2026, and fans are furious. The timing is raising eyebrows: just days earlier, Colbert tore into Paramount Global on air, mocking the network’s $16 million Trump lawsuit settlement as a “big fat bribe.” While CBS claims the decision is purely financial, Colbert’s show is currently dominating its timeslot and just earned an Emmy nomination. Now, instead of being replaced, The Late Show is being erased entirely. Viewers suspect the cancellation has less to do with money, and more to do with politics.