Paramount, the network’s parent, recently agreed to pay President Trump $16 million to settle his lawsuit over the editing of an interview on the CBS News program “60 Minutes.”

It’s a big fat bribe.” Jon Stewart of Comedy Central’s “The Daily Show” followed suit, calling the settlement “shameful.” Both hosts, who work for Paramount Global the parent company of both CBS and Comedy Central,

CBS’ decision to cut ties with Stephen Colbert and its decades-old “Late Show” franchise come next May will leave a major hole in the format — but one that has been widening. TV networks have been cutting costs at their late-night mainstays for the past few years.

CBS will end "The Late Show with Stephen Colbert" and retire "The Late Show" franchise in May 2026, the company announced Thursday.