"Next year will be our last season,” the late-night talk show host announced Thursday, July 17. "The network will be ending 'The Late Show’ next May."

CBS will end "The Late Show with Stephen Colbert" and retire "The Late Show" franchise in May 2026, the company announced Thursday, calling it "purely a financial decision against a challenging backdrop in late night.

TV hosts and celebrities are reacting to news of the cancellation of "The Late Show with Stephen Colbert" and the entire franchise.

The Late Show with Stephen Colbert will end in May 2026 after 33 years on air, the CBS television network announced in a surprise statement on Thursday. The move "is purely a financial decision against a challenging backdrop in late night [television]" and "is not related in any way to the show's performance, content or other matters", CBS said.

Seth Meyers also reacted among other prominent political figures and Hollywood stars sharing their disgust over the news that 'The Late Show With Stephen Colbert' will end its run in 2026, including Julia Louis-Dreyfus,

Credit: The Late Show with Stephen Colbert When we started the Late Show in 1993, we had the same goals everyone doing talk shows has: make people laugh and never threaten a corporate merger. If Colbert had been #1 and nominated for an Emmy two days prior none of this would have happened.

CBS could not figure out a path to profitability in an entertainment world increasingly dominated by streaming.

Show' host's comments came shortly before it was announced that CBS has canceled 'The Late Show With Stephen Colbert.'