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Is late night dead? Stephen Colbert's CBS cancellation raises troubling questions

Is late night dead? Stephen Colbert's CBS cancellation raises troubling questions

The shocking cancellation of 'The Late Show With Stephen Colbert' is a sign that time is running out for one of TV's most beloved formats.
The late-night talk show was invented in the 1950s as a way for networks to own their own programming rather than have it provided by sponsors. Now, amid shrinking audiences and a politically turbulent climate for free speech, the familiar desk-and-sofa tableau is in serious trouble.
CBS announced Thursday that the upcoming 2025-26 TV season for 'The Late Show' will be its last. Executives blamed the cancellation on financial concerns felt across all network late-night shows. Last year, NBC cut 'The Tonight Show Starring Jimmy Fallon' to four nights a week while 'Late Night With Seth Meyers' cut its live band.
Still, industry veterans were bewildered by the timing.
It's hard to imagine Paramount Global executives did not anticipate blowback from announcing the move days after Colbert blasted the company's $16-million settlement with President Trump over CBS News' '60 Minutes' interview with Kamala Harris. Colbert described the deal as a bribe during his Monday monologue.
Every move the company makes is now under a microscope as it tries to get the Federal Communications Commission, led by Trump acolyte Brendan Carr, to approve an $8-billion merger with Skydance Media. Canceling the most watched late-night program hosted by one of Trump's harshest critics will draw even more scrutiny.
Sen. Adam Schiff (D-Calif.), weighed in on X shortly after taping an interview on Colbert's program.
'If Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better,' Schiff posted.
The Writers Guild of America also raised questions, saying the cancellation appeared to be a case of 'sacrificing free speech to curry favor with the Trump Administration.'
One factor contradicting the theory is that Colbert, who has another year on his contract, will remain on the air through May. His commentaries have never been restrained by network executives over his 10-year run and that situation is not expected to change in his final season.
The poor optics may be a matter of contractual timing.
Paramount Global had to complete the deals with writer-producer teams in July for the upcoming 'Late Show' season, according to a person familiar with the discussions who was not authorized to comment.
Those deals typically run for a full year, but with the company's intention to cancel the program — decided several months ago — the contracts being offered only ran through May, which tipped off the network's plans.
When Colbert learned of the cancellation decision on Wednesday, he made the call to inform his staff and his audience the next day.
'Late Show' is said to be losing somewhere in the tens of millions of dollars a year as younger viewers have fled. Since 2022, the program has lost 20% of its audience in the advertiser-coveted 18-to-49 age group, according to Nielsen data.
Ad revenue for 'Late Show' in 2024 was $57.7 million, according to iSpot.tv, down from $75.7 million in 2022. 'The Tonight Show Starring Jimmy Fallon' on NBC and 'Jimmy Kimmel Live!' on ABC have also seen significant declines over that period.
CBS has already given up on one hour of late night due to financial pressure. Two years ago, it canceled its 12:35 a.m. 'Late Late Show' program hosted by James Corden because it was losing money.
CBS came up with a lower-cost replacement with 'After Midnight,' but that ended after two seasons as its host Taylor Tomlinson decided not to renew her deal. CBS is replacing it with a syndicated program, 'Comics Unleashed,' from Byron Allen's Entertainment Partners in an arrangement that will cost the network nothing.
Still, Paramount Global will find itself facing questions about why CBS did not seek ways to reduce the production costs of the program instead of just pulling the plug.
If CBS decides to continue programming the 11:30 p.m. slot, it will hard-pressed to approach the same audience levels that Colbert attracted.
CBS is giving up a popular culture touchstone, although in the current fragmented media landscape, the days of such hosts having massive sway over a large audience have passed.
Media analyst Rich Greenfield wrote that legacy media companies investing in expensive original programming outside of sports and news may be ill-advised as viewers continue to flock to streaming.
'Ending 'The Late Show' is the tip of the iceberg with massive programming and personnel cuts to come,' he said.
For decades, late-night TV served as the brand identity of the broadcast networks.
Jack Paar was the witty conversationalist that made Middle America feel like it was invited to a sophisticated Manhattan cocktail party. His successor, Johnny Carson, became a trendsetter in the 1960s, defining male coolness. He had his own clothing line. His dry monologue was often a gauge of the country's political mood. An invitation to take a seat next to Carson after a stand-up set turbocharged the careers of many top comedians.
CBS was unable to compete with Carson for decades, trying and failing with the likes of Merv Griffin and Pat Sajak. When David Letterman became available after he was bypassed for the 'Tonight' job at NBC, he came to CBS in 1993 and made the network a serious contender.
Letterman's offbeat, sardonic brand of humor also gave a layer of hipness to CBS, which had long had a reputation for stodginess.
'Late Show With David Letterman' helped make late-night network TV a financial bonanza. While the proliferation of cable networks was cutting into audience share in the 1990s and early 2000s, the late-night habit still thrived, especially with its ability to reach young men, the most elusive demographic for TV advertisers.
As a result, late-night hosts became the highest-paid stars in the business. Letterman and Jay Leno were both earning in the neighborhood of $30 million a year until networks started trimming salaries 10 years ago.
But technology chipped away at the late-night talk show habit. When DVRs reached critical mass, consumers started to catch up with their favorite prime-time shows during the late-night hours.
The most painful blow came from social media. While online clips of the late-night shows draw hundreds of millions of viewing minutes, that doesn't generate the same kind of ad revenue as TV. They also make showing up at 11:35 p.m. every night pointless.
'The networks cut up all of the best parts of the show, and by the end of the night you can see all of them on social media,' said one former network executive who oversaw late-night programs. 'There's no reason to even DVR it.'
Prime-time programs add millions of viewers through on-demand streaming after they air on the broadcast networks. Topical late-night shows don't have the same shelf life.
While politics have long been an important element of late-night comedy, the emergence of Trump's political career in 2015 — and his ability to drive ratings and the national conversation — made him the dominant topic.
Where Carson, Letterman and Leno skewered both sides of the political spectrum, Trump's ability to provide endless comedy fodder on a daily basis made him an easy, entertaining and ultimately one-sided target.
For years it worked. Ratings for Colbert — who made his bones on Comedy Central satirizing a reactionary talk show host — languished for the first two years after he replaced Letterman. Audience levels and ad rates surged in 2017 once Trump came into office and became Colbert's muse.
But the country has become more politically polarized in recent years and the relentless lampooning of Trump has created a lane for 'Gutfeld!,' a nightly Fox News talk show with a conservative bent.
While not technically a late-night show (it airs at 10 p.m. Eastern), 'Gutfeld!' drew an average of 3 million viewers in the second quarter of 2025 according to Nielsen and has grown 20% since 2022.
The young men that used to make late night an advertiser magnet are now turning to podcasters such as Joe Rogan and others who can speak without the restraint of broadcast TV standards.
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Released Israeli-Argentinian hostage fights for brother still held by Hamas
Released Israeli-Argentinian hostage fights for brother still held by Hamas

Yahoo

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  • Yahoo

Released Israeli-Argentinian hostage fights for brother still held by Hamas

KFAR SABA, Israel (AP) — As Israel has announced steps to increase humanitarian aid in Gaza, a former Israeli-Argentinian hostage knows first-hand what that could mean for captives of the Hamas militant group. Iair Horn, who spent a year and a half in captivity, said hostages could tell when more aid was available because they would receive more food. 'When there's less food, then there's also less for the hostages. When there's aid, there's a possibility you might get a cucumber,' said Horn, 46. Hamas militants kidnapped Horn from his home at Kibbutz Nir Oz, along with 250 other people, during the group's cross-border attack on Oct. 7, 2023. He was released Feb. 15 after 498 days in captivity. For most of that time, he was held in an underground cell in a tunnel with several other hostages, including his younger brother Eitan Horn, 38. Since his release, Iair Horn has deferred his own recovery to fight for the release of his brother and the other 50 hostages still being held in Gaza, 20 of whom are still believed to be alive. Negotiations collapse again Hearing that negotiations between Israel and Hamas were once again frozen over the weekend was devastating for his family, Horn said. Since his release, he has made four trips to the U.S., where he has met with President Donald Trump and other American leaders to plead for the hostages. He wasn't sure what to make of a comment Thursday by President Donald Trump special envoy Steve Witkoff, who said the U.S. would consider 'alternative options' after recalling its negotiating team from Qatar. 'I'm not a politician, and I'm not getting into those things because I don't understand them. What I understand is very simple: I want my brother back,' Horn said. 'My life is frozen right now. I live in a nightmare that every day they are kidnapping me anew,' he said. Horn, who is single, is currently living with family in Kfar Saba, a city near Tel Aviv. Previously, he worked a variety of jobs in Kibbutz Nir Oz, including in education, maintenance and the kitchen. He also ran the kibbutz pub. Every morning when he opens his eyes, he must think for a few moments to remember where he is, to remember he is no longer a hostage, Horn said. He's gained back some of the weight he lost in captivity, but his list of physical and psychological ailments is long. He does not know where he will live, what he will do in the future, or if he will go back to Nir Oz. The only thing he concentrates on is advocating for his brother's release. 'I never imagined that another half year would pass without seeing my little brother,' he said. Israel's war in Gaza has killed more than 59,700 Palestinians, according to Gaza's Health Ministry. The agency's count doesn't distinguish between militants and civilians, but the ministry says that more than half of the dead are women and children. The U.N. and other international organizations see the ministry, which operates under the Hamas government, as the most reliable source of data on casualties. Brothers were held together Iair Horn is the oldest of three brothers who grew up in Argentina. He moved to Israel at age 20, followed by his middle brother, Amos. Eitan and their parents, long divorced, joined later. On Oct. 7, 2023, Eitan was visiting Iair at his home on Kibbutz Nir Oz when the sirens started, warning of incoming missiles. Soon they received text messages alerting them to the fact that militants had infiltrated the kibbutz. Militants entered Iair's home, where he was hiding in the reinforced safe room with Eitan. Iair attempted to hold the door shut until they began shooting through the door. Then he decided to surrender, worried they might use grenades or stronger weapons. Iair, who was immediately taken into Gaza, didn't know what had happened to his brother until around the 50th day of his captivity, when the militants placed the two brothers together, and Iair realized Eitan had also been kidnapped. Being together, even in their small, barred room, was a stroke of luck, Iair said. 'There's a lot of time with nothing to do, and we talked a lot about our childhoods, about elementary school, about the youth movement, about soccer,' he said. 'We tried to keep our sense of humor. He would ask me, did you brush your teeth? And I'd ask him, did you wash your bellybutton?' 'It was silly things, silly things between siblings that I don't have right now. Many times it happens now that something happens to me on the street that I have to tell him. And I can't, and I'm so sorry,' he said, starting to cry. Captors tell hostages that two will be released For most of the time, the Horn brothers were held with three other hostages. In early February, their captors came to the group of five and said that two would be released. 'For four days, we're looking at each other and wondering if we can decide or influence the decision,' he said. After four days, the captors arrived with a small plate of snacks and a video camera. They announced that Iair and another hostage would be leaving and filmed the emotional interaction between Iair and Eitan. Hamas later released the video on its social media channels, as it has with other videos of the hostages filmed under duress. Their last night together, Eitan and Iair laid side by side in silence. 'There was no conversation because in your head you don't want to have a conversation as if it's your last conversation,' Iair Horn said. 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Can his golf course ‘further' US-UK relations? Trump will use meeting with prime minister to try.
Can his golf course ‘further' US-UK relations? Trump will use meeting with prime minister to try.

Boston Globe

time9 minutes ago

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Can his golf course ‘further' US-UK relations? Trump will use meeting with prime minister to try.

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U.S. and China Meet as Trade Truce Nears Expiration
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U.S. and China Meet as Trade Truce Nears Expiration

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Those levies were suspended in order to reach trade deals. Over the last week, the Trump administration has announced deals with some of America's biggest trading partners in quick succession. Last Tuesday, the United States and Japan finally agreed to a deal that included a 15 percent tariff on Japanese imports and a pledge from Japan to invest $550 billion in the United States. On Sunday, Mr. Trump announced that he had also reached a deal with the European Union, a 27-nation bloc whose economies rely on exports to the United States. The deal would put a 15 percent tariff on many European exports, including cars. But one of the biggest unknowns is what will happen with China, which remains one of America's largest source of imports. After a tit-for-tat period of tariffs and retaliation, the two nations have come to something of an uneasy truce after talks in Geneva in May, and in London in June. On Sunday, before he met with European officials, Mr. Trump implied that some kind of trade arrangement with China might be close at hand. 'We just struck a deal with Japan as you know, and we're very close to a deal with China,' he said. This will be the first meeting between the countries without an imminent crisis, like the tariff standoff or China's economically crippling ban on rare earth exports this year. Trade experts said the list of potential topics for discussion was long, ranging from Mr. Trump's push to get China to stop the flow of fentanyl to the United States, to America's concerns about its purchases of Russian and Iranian oil, and recent exit bans that have prevented U.S. citizens from leaving China. U.S. officials appear to be looking forward to more ambitious trade talks in the months to come. Those could include Chinese purchases of American products, steps to open the Chinese market and, potentially, Chinese investment in the United States. They are also likely seeking to lay the groundwork for a potential meeting between Mr. Trump and Xi Jinping, the Chinese leader, this year. Administration officials are considering a trip to Beijing before a meeting of Asian and Pacific countries in South Korea in October, or potentially connecting Mr. Trump and Mr. Xi on the sidelines of an international meeting. Michael Pillsbury, a former government official who has advised the Trump administration on China, said this would be Mr. Trump's sixth summit meeting with Mr. Xi. Each of those summits had a minimum of two hours of dialogue, and Mr. Trump went prepared with specific deal-making requests, he said. 'The president feels it's better to deal face to face,' he said. Trade experts are also wondering whether U.S. technology controls or an agreement to transfer ownership of TikTok may be on the negotiating table. On CNBC on Thursday, Howard Lutnick, the secretary of commerce, said that the United States had submitted a proposal to China for transferring ownership of TikTok to American companies, and that the administration was waiting for the Chinese response. The topic was 'not officially' part of the trade talks, he said, 'but unofficially, of course.' Tensions between the United States and China started to spiral after Mr. Trump announced his 'Liberation Day' tariffs in early April. China was the only country to immediately retaliate, matching Mr. Trump's tariffs of 34 percent with 34 percent tariffs on American products. Beijing also set up a licensing system to restrict exports of seven rare earth elements that are processed almost exclusively in China and used in electric cars, smart bombs and other high-tech devices. Mr. Trump then responded by ratcheting up tariffs on Chinese products to a minimum of 145 percent, which brought much of the trade between the countries to a halt. The previous rounds of negotiations secured a temporary truce that included China's relaxing its restrictions on shipments of valuable rare earth minerals and magnets needed by U.S. manufacturers. In return, U.S. officials agreed to roll back limits on exports of U.S. products and technology, including ethane and airplane parts, as well as the proposed visa restrictions. U.S. tariffs on Chinese imports were scaled back to 30 percent, while China has 10 percent tariffs on American products. The truce is scheduled to expire on Aug. 12, after which tariffs would rise 10 percentage points. However, Mr. Bessent has been optimistic that the truce could be extended. In an interview on the Fox Business Network last week, Mr. Bessent said that 'trade is in a good place' with China. He added that he hoped to begin having broader discussions with his counterparts about rebalancing the Chinese economy and encouraging China to curb purchases of Russian and Iranian oil. Mr. Bessent said China was in a manufacturing slump and faced a residential real estate market crisis. He argued Beijing must focus on building a consumer economy. 'They can't export their economic problems to the rest of the world, they need to solve them,' Mr. Bessent said. U.S. companies continue to have a rash of criticisms about doing business in China, including the country's newly established rare earth licensing system. The processing time for licenses is long, American firms say, and China requests proprietary and sensitive business information as part of the applications. In a survey released this month, members of the U.S.-China Business Council said strained relations and tariffs between the two countries remained their biggest concerns. But they also said Chinese policies favoring domestic companies were eroding confidence in doing business in the country.

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