The state of late-night TV is keeping media executives from sleeping well. 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 […]

Inside CBS’s Breakup With Stephen Colbert: Audience Shifts, Political Humor Made Unsustainable Mix
Jul 18, 2025 | 1:22 PM