What Killed 'The Late Show'? - The Journal.

What this episode covers

Last week, CBS cancelled “The Late Show with Stephen Colbert.” The network said that ending the show was “purely a financial decision.” Over the years, late-night audiences and profits have dwindled. But some fans have suggested the move was partly political: CBS pulled the plug just days after Colbert criticized Paramount, CBS’s parent company, for agreeing to settle a lawsuit with President Trump for $16 million. WSJ’s Joe Flint delves into the controversy and the economics of late-night TV. Annie Minoff hosts. Further Listening: -Will Paramount Settle With Trump? -Why Buying Paramount Global Won't Be Easy -’Love Is Blind' Is Back. Not All the Drama Is On-Screen. Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Frequently Asked Questions

How long is this episode of The Journal.?

This episode is 21 minutes long.

When was this The Journal. episode published?

This episode was published on July 25, 2025.

What is this episode about?

Last week, CBS cancelled “The Late Show with Stephen Colbert.” The network said that ending the show was “purely a financial decision.” Over the years, late-night audiences and profits have dwindled. But some fans have suggested the move was partly...

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