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.

Senator Adam Schiff, a guest on The Late Show with Stephen Colbert, suggested that the show's cancellation might be politically motivated.

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.’

Paramount faces scrutiny for agreeing to pay $16 million to settle a suit brought by Trump, amid a merger attempt that requires his administration's blessing.

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.

Columnist Issac J. Bailey uses words like vile, awful and abominable to describe Paramount’s $16 million lawsuit settlement with President Donald Trump then uses a few more to fully explore the issue.

The CBS/Paramount payout to Trump is chump change by the standards of big media corporations. But the size of the payout is irrelevant. That CBS would sell its First Amendment rights for any

Award-winning journalist Lowell Bergman criticized Paramount Global and CBS' settlement with President Trump, warning it creates fear for "60 Minutes" reporters.

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.