“I absolutely love that Colbert got fired,” Trump wrote on Truth Social on Friday morning. “His talent was even less than his ratings. I hear Jimmy Kimmel is next. Has even less talent than Colbert! [Fox News late night host] Greg Gutfeld is better than all of them combined, including the Moron on NBC who ruined the once great Tonight Show.”

President Donald Trump is gloating over CBS’s decision to cancel The Late Show. The abrupt cancellation, which blindsided its host, Stephen Colbert, has been described as a win for Trump, who has been the most frequent subject of the show’s late-night jokes and criticism in recent years.

Following the news that The Late Show with Stephen Colbert -- and the late-night show franchise as a whole -- would be ending next year, celebrities, political figures, fellow late-night hosts, and more spoke out,

There’s a very simple reason why “The Late Show with Stephen Colbert” was canceled by CBS: the program was losing huge amounts of money, Puck reported. Colbert had to walk the plank because “The Late Show” was losing $40 million a year.

Here's a look at some of Stephen Colbert's most partisan moments from the past decade after it was announced on Friday that "The Late Show" would end in 2026.

Later, Schiff did address CBS’ decision to cancel Late Show, writing on X, “Just finished taping with Stephen Colbert who announced his show was cancelled. If Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better.”