CBS is axing “The Late Show With Stephen Colbert” in May 2026, the host told an audience at a taping Thursday. The announcement came two days after Colbert spoke out against Paramount Global, parent company of his network CBS, settling with President Donald Trump over a “60 Minutes” story.

Not everyone is thrilled that Paramount Global and CBS agreed on Tuesday to settle President Trump’s $20 billion election interference lawsuit against the network.

CBS says the decision is ‘purely a financial decision’ not related to ‘content or other matters happening at Paramount.’

Good night, and good luck'? More like 'Give in, and pay up' given Paramount's $16 million CBS settlement with Trump.

Fox News Digital breaks down how a "60 Minutes" editing decision of a Kamala Harris interview wound up turning into a lofty lawsuit settlement with President Trump.

Paramount has reached a settlement with Donald Trump, who sued CBS News for $20 billion over the editing of a 60 Minutes interview with his Democratic opponent, Kamala Harris.

Paramount Global, CBS and President Donald Trump have requested a stay on all proceedings in their $20 billion legal battle until Thursday, July 3. "The Parties respectfully submit that good cause to stay all proceedings exists because the Parties are engaged in good faith,

Paramount Global has settled its suit with President Trump, ending the president’s $20 billion election interference lawsuit over CBS News' handling of a "60 Minutes" interview last year.

The move in Washington comes after Paramount agreed to pay $16 million, mostly to Trump's presidential library, to settle the president's personal lawsuit over '60 Minutes' edits. In May, Qatar donated a $400-million jetliner.