While CBS said the decision was a financial one, many fans and critics, including political figures, have claimed the cancelation came due to political reasons. CBS’ parent company, Paramount, is in the midst of a proposed merger with Skydance, which requires approval from President Donald Trump, a longtime target of Colbert.

President Donald Trump was gleeful over Stephen Colbert's cancellation, saying his "talent was even less than his ratings" on Truth Social.

Democrats and their legacy media allies were quick to blame President Donald Trump for Stephen Colbert getting canceled. But Colbert only has himself to blame.

Fox News host Howard Kurtz isn’t buying that CBS axed Stephen Colbert solely for financial reasons. Kurtz called out CBS’ parent company Paramount on Media Buzz Sunday, accusing it of cancelling The Late Show With Stephen Colbert in order to gain President Donald Trump’s approval.

Rosie O'Donnell launched a TikTok rant against President Trump, claiming he would arrest artists and suggesting he's responsible for Stephen Colbert's show cancellation.

Late-night was once a valuable audience for advertisers because the genre had a lot of hard-to-reach young men. Now many of them are streaming.

CBS has claimed that the cancellation of Trump-bashing show was a ‘financial decision’ despite timing of merger

Schiff reminded viewers of Trump’s attacks on him. “Ever since I led his first impeachment, he’s threatened me with jail, prosecution, called me a traitor, accused me of treason… blah blah blah,” he said. Then Schiff turned directly to the camera with a message for the president.