CBS is ending The Late Show.
Stephen Colbert, the late-night show’s host since 2015, broke the news after taping Thursday’s episode.
Colbert also clarified that he is not being replaced as host, but that the show is ending altogether.
“It is a fantastic job. I wish somebody else was getting it,” he said.
“I do want to say that the folks at CBS have been great partners,” Colbert added. “I’m so grateful to the Tiffany Network for giving me this chair, and this beautiful theater to call home.”
Colbert also thanked the audience, viewers, the show’s house band, and all the show’s staffers.
In a statement, CBS executives said they consider Colbert “irreplaceable.”
“This is purely a financial decision against a challenging backdrop in late night,” they said. “It is not related in any way to the show’s performance, content or other matters happening at Paramount.”
This is a breaking news story and will be updated.
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