The Late Present with Stephen Colbert, one of the vital common tv late night time exhibits within the US and the world over, has been cancelled.
Colbert introduced the information on Thursday night time’s taping to his studio viewers, telling them he was solely knowledgeable about it the earlier night time. “Yeah, I share your feeling,” he responded to the group’s booing.
The present might be ended and Colbert won’t get replaced. CBS is retiring The Late Present franchise after 33 years.
David Letterman hosted the primary 22 seasons and after his retirement, Stephen Colbert took over in 2015.
“That is purely a monetary determination in opposition to a difficult backdrop in late night time. It’s not associated in any solution to the present’s efficiency, content material or different issues occurring at Paramount,” Reuters quoted CBS executives as saying in an announcement.
The present’s cancellation comes at a time when CBS’s guardian firm, Paramount International, is trying to shut a merger with Skydance Media after the deal fell aside final 12 months.
“Our admiration, affection and respect for the abilities of Stephen Colbert and his unimaginable workforce made this agonizing determination much more troublesome,” mentioned the assertion from Paramount Co-CEO and CBS CEO George Cheeks, CBS Leisure President Amy Reisenbach and CBS Studios President David Stapf, as quoted by Reuters.
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