Inside The Late Show Cancelation and How It Affects Other Late-Night Hosts

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CBS is ending 'The Late Show' in May 2026, with Stephen Colbert announcing the news to a shocked audience on Thursday. His fellow late-night hosts, including Jimmy Kimmel and Jimmy Fallon, weigh in on the move, as CNN media expert Brian Stelter explains how the network likely landed on the decision to end the iconic franchise after more than 30 years on air.