logo
CBS says Stephen Colbert's 'The Late Show' to end in May 2026

CBS says Stephen Colbert's 'The Late Show' to end in May 2026

NEW YORK – 'The Late Show with Stephen Colbert,' a staple of late-night US television, will end in 2026, the CBS network said, days after the comedian blasted parent company Paramount's $16 million settlement with President Donald Trump as 'a big fat bribe.'
CBS said in a statement the cancellation was 'purely a financial decision against a challenging backdrop in late night,' and was 'not related in any way to the show's performance, content or other matters happening at Paramount.'
'Next year will be our last season,' the host announced on Thursday's episode, to boos and shouts of disbelief. 'The network will be ending the show in May.'
Paramount reached the settlement with Trump this month in a lawsuit the entertainment giant had described as meritless.
Trump had sued Paramount for $20 billion last year, alleging that CBS News' '60 Minutes' news program deceptively edited an interview with his 2024 election rival, Kamala Harris, in her favor.
Paramount is meanwhile seeking to close its $8 billion merger with the entertainment company Skydance, which needs federal government approval.
Colbert said on Thursday the cancellation was not just the end of his show but the end of the decades-old 'Late Show' franchise, which has been broadcast continuously on CBS since 1993 and was previously hosted by David Letterman.
'I'm not being replaced. This is all just going away,' Colbert said.
Trump celebrated the cancellation, writing on his Truth Social platform, 'I absolutely love that Colbert got fired. His talent was even less than his ratings.'
Trump's political opponents and other critics drew attention to the timing of the decision.
'CBS canceled Colbert's show just THREE DAYS after Colbert called out CBS parent company Paramount for its $16M settlement with Trump — a deal that looks like bribery,' Democratic Senator Elizabeth Warren said on social media platform X.
'America deserves to know if his show was canceled for political reasons,' Warren said.
Democratic Senator Adam Schiff, who was a guest on Colbert's show on Thursday, said: 'If Paramount and CBS ended the 'Late Show' for political reasons, the public deserves to know. And deserves better.'
The Writers Guild of America called on the New York attorney general to investigate whether the move by CBS was intended to improperly curry favor with Trump.
'Given Paramount's recent capitulation to President Trump in the CBS News lawsuit, the Writers Guild of America has significant concerns that The Late Show's cancelation is a bribe, sacrificing free speech to curry favor with the Trump Administration as the company looks for merger approval,' it said in a statement.
Jimmy Fallon, host of NBC's 'The Tonight Show' and one of Colbert's rivals, posted on Instagram that 'I'm just as shocked as everyone.'
'I really thought I'd ride this out with him for years to come,' wrote Fallon, whom Trump had earlier referred to as 'the Moron on NBC who ruined the once great Tonight Show.'
Late night talk show host Jimmy Kimmel, whose program airs on ABC, chimed in: 'Love you Stephen.'
CBS said in its Thursday statement it was 'proud that Stephen called CBS home.'
'He and the broadcast will be remembered in the pantheon of greats that graced late night television,' its statement said.
Colbert, once a regular on Comedy Central, made use of humor in his incisive political commentary and succeeded Letterman as the host of 'The Late Show' in 2015.
The late-night television landscape has long been dominated by satirical comedy shows that blend entertainment with political commentary.
For decades, these programs have served as television touchstones, with hosts like Johnny Carson, Jay Leno, Letterman and — more recently — Colbert, Fallon and Kimmel shaping public discourse through humor and celebrity interviews. –AFP
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Oil prices fall on Opec+ output hikes
Oil prices fall on Opec+ output hikes

The Star

time9 minutes ago

  • The Star

Oil prices fall on Opec+ output hikes

Brent crude futures settled US$1.12, or 1.63%, lower to US$67.64 a barrel, while US West Texas Intermediate crude slipped US$1.13, or 1.7%, to US$65.16. NEW YORK: Oil prices slipped on Tuesday as rising Opec+ supply and worries of weaker global demand countered concern about US President Donald Trump's threats to India over its Russian oil purchases. Brent crude futures settled US$1.12, or 1.63%, lower to US$67.64 a barrel, while US West Texas Intermediate crude slipped US$1.13, or 1.7%, to US$65.16. Both benchmarks settled to their lowest in five weeks. The Organization of the Petroleum Exporting Countries and its allies, together known as Opec+, agreed on Sunday to raise oil production by 547,000 barrels per day for September, a move that will end its most recent output cut earlier than planned. "The significant increase in Opec supplies is weighing on the market," said Andrew Lipow, president of Lipow Oil Associates. Also weighing on prices, US services sector activity unexpectedly flatlined in July with little change in orders and a further weakening in employment even as input costs climbed by the most in nearly three years, underscoring the ongoing drag of uncertainty over the Trump administration's tariff policy on businesses. "The market now is going to see if India and China agree to substantially reduce the purchases of Russian crude oil, thereby looking for alternative supplies elsewhere," Lipow said. Trump on Tuesday again threatened higher tariffs on Indian goods over the country's Russian oil purchases over the next 24 hours. Trump also said declining energy prices could pressure Russian President Vladimir Putin to halt the war in Ukraine. New Delhi called Trump's threat "unjustified" and vowed to protect its economic interests, deepening a trade rift between the two countries. Oil's move since Trump's threat indicates that traders are sceptical of a supply disruption happening, John Evans of oil broker PVM said in a report. He questioned whether Trump would risk higher oil prices. "I'd call it a stable market for oil," said Giovanni Staunovo, an analyst at UBS. "Assume this likely continues until we figure out what the US president announces in respect to Russia later this week and how those buyers would react." India is the biggest buyer of seaborne crude from Russia, importing about 1.75 million bpd from January to June this year, up 1% from a year ago, according to data provided to Reuters by trade sources. US crude inventories fell by 4.2 million barrels last week, sources citing American Petroleum Institute figures said on Tuesday. The US Energy Information Administration is due to release weekly U.S. inventory data on Wednesday, respectively. — Reuters

Trump-led Texas redistricting gambit ignites national arms race to control Congress
Trump-led Texas redistricting gambit ignites national arms race to control Congress

The Star

time39 minutes ago

  • The Star

Trump-led Texas redistricting gambit ignites national arms race to control Congress

(Reuters) -The escalating political fight over the Texas congressional map is spreading across other states across the country, triggering an unprecedented mid-decade redistricting arms race with the balance of power in Washington at stake. At President Donald Trump's urging, Texas Republicans have proposed new congressional districts aimed at flipping five Democrat-held U.S. House seats in next year's midterm elections, further skewing what is already considered a deeply partisan map in that state. In response, Democratic governors elsewhere - most notably Gavin Newsom of California, the only state with more congressional districts than Texas - have threatened to retaliate by mounting their own redistricting efforts. "Donald Trump is a cheater, and so is Governor Greg Abbott," JB Pritzker, the Democratic governor of Illinois, told reporters on Tuesday. Standing alongside him were several of the Democratic lawmakers from Texas who fled their home state on Monday to deny Republicans a quorum and prevent a vote on the proposed new map. "As far as I'm concerned, everything is on the table," Pritzker said. Democrats need to flip only three Republican-held seats to retake the majority in the 435-seat House next year, so even modest gains for either party via redistricting could prove decisive. If Democrats win the House, they could stymie much of Trump's legislative agenda and pursue multiple investigations into his administration. The practice of partisan gerrymandering - manipulating district lines to benefit one party over another - has a long tradition in the United States, but the advent of powerful software and sophisticated voter data has allowed mapmakers to drill down to individual streets and neighborhoods. Redistricting typically occurs every 10 years to incorporate the U.S. Census count. Trump has broken with that convention by openly pushing Texas Republicans to pursue a rare mid-decade redistricting for partisan gain, even though the existing map, which Republicans drew just four years ago, resulted in the party winning 25 of the state's 38 seats. "I won Texas. I got the highest vote in the history of Texas, as you probably know, and we are entitled to five more seats," Trump told CNBC on Tuesday, referring to the 2024 presidential election. Trump has encouraged other Republican states to follow suit. A senior White House official, speaking on condition of anonymity, told Reuters last week the administration believes as many as five states could redraw their maps, including Florida, where Governor Ron DeSantis has expressed a willingness to take such a step. DEMOCRATS VOW TO FIGHT BACK Ohio Republicans will draw a new map ahead of the November 2026 election that could flip at least two Democratic seats. In Missouri, where Democrats hold two of the state's seven seats, some Republican lawmakers have had preliminary conversations about a new map, according to a source familiar with the matter. Other Republican-controlled states that could in theory use redistricting to target Democrats include Kansas, Kentucky and New Hampshire. Democrats, meanwhile, face some legal hurdles in their biggest states. In California, where redistricting is overseen by an independent commission, voters would likely have to approve giving Democratic lawmakers the power to draw a new map. Newsom said on Monday he would put the issue before voters this autumn if Texas moves forward. Experts say a Democratic-drawn map could easily target five Republican incumbents, even though Democrats already hold 43 of the state's 52 seats. New York Governor Kathy Hochul said on Monday that she would not "fight with my hand tied behind my back." Even so, any new map in her state would require voters to approve a constitutional amendment, and that process cannot take place before 2026. In Illinois, where Pritzker and the Democratic-controlled legislature have no restraints, Democrats already hold 14 of the state's 17 U.S. House seats, leaving them without much room to maneuver. THREATS TO TEXAS DEMOCRATS Meanwhile, in Texas, the Republican attorney general, Ken Paxton, said on Tuesday he would seek court orders declaring that any Democratic lawmakers who failed to return by Friday will lose their seats. Democrats have dismissed that threat as empty. David Froomkin, a law professor at the University of Houston, said he did not believe judges would buy the argument that lawmakers had created vacancies by leaving the state in protest. "Courts have generally taken the view that a legislator has surrendered their seat when they have chosen to surrender their seat," he said. "Here, they're not intending to vacate their offices – they're exercising their offices by trying to prevent the passage of legislation they find troubling." Paxton's threat follows warrants issued by the Republican Speaker of the Texas House, Dustin Burrows, for authorities to bring the absent lawmakers back to the statehouse for a vote. Abbott has ordered state law enforcement to help find them. But the Democrats have all left the state, putting them beyond the reach of any state agency. Trump told reporters late on Tuesday that the FBI 'may have' to get involved in forcing Democrats back to Texas. (Reporting by Joseph Ax in New York; Additional reporting by Nandita Bose in Washington; Editing by Frank McGurty and Howard Goller)

Trump says pharma, chips tariffs incoming as trade war widens
Trump says pharma, chips tariffs incoming as trade war widens

New Straits Times

time39 minutes ago

  • New Straits Times

Trump says pharma, chips tariffs incoming as trade war widens

WASHINGTON: US President Donald Trump signalled Tuesday that fresh tariffs on imported pharmaceuticals and semiconductors could be unveiled within the coming week, as a cascade of incoming duties promises to reshape global trading ties. Governments around the world are bracing as new waves of US tariffs are due to take effect this week, first on many Brazilian products Wednesday and then on dozens of other economies – including the European Union and Taiwan – beginning Thursday. Trump's sweeping plans have sparked a flurry of activity as leaders seek to avert the worst of his threats, with Swiss officials heading to Washington on Tuesday in a last-minute push to avoid punitive duties. But the US president appears set to widen his trade wars. Trump told CNBC on Tuesday that upcoming tariffs on imported pharmaceuticals could reach 250 per cent, while adding that he plans for new duties on foreign semiconductors soon. "We'll be putting (an) initially small tariff on pharmaceuticals, but in one year, one-and-a-half years, maximum, it's going to go to 150 per cent," Trump said. "And then it's going to go to 250 per cent because we want pharmaceuticals made in our country." Trump also said that Washington will be announcing tariffs "within the next week or so." He added: "We're going to be announcing on semiconductors and chips." Trump has set out varying tariff rates for dozens of economies after imposing a 10 per cent levy on almost all trading partners in April. But these broad duties taking effect Thursday exclude products like pharmaceuticals, steel, aluminium and lumber, which are being separately targeted by sector. This means that although the 39 per cent tariff Swiss leaders seek to avoid come Thursday excludes pharmaceuticals, Trump's plans for a steep levy on such imports will likely remain a point of contention in any talks. Pharmaceuticals represented 60 per cent of Swiss goods exports to the United States last year. Outside of Switzerland, most products from the European Union face a 15 per cent tariff starting Thursday, after Washington and Brussels struck a deal to avoid higher levies. But Trump warned Tuesday that the EU could see its tariff level surge again if it did not fulfil obligations under their recent pact. Some imports from Canada are also targeted by tariffs, although Prime Minister Mark Carney stressed Tuesday that more than 85 per cent of trade between the North American neighbours remains tariff-free under existing exemptions. Besides probing pharmaceuticals and chips imports, Trump has already imposed steep duties of 50 per cent on steel and aluminium, alongside lower levies on autos and parts. In the same CNBC interview Tuesday, Trump said he expects to raise the US tariff on Indian imports "very substantially over the next 24 hours" due to the country's purchases of Russian oil. This is a key revenue source for Moscow's military offensive on Ukraine. His pressure on India comes after signalling fresh sanctions on Moscow if it did not make progress by Friday towards a peace deal with Kyiv, more than three years since Russia's invasion. Moscow is anticipating talks this week with the US leader's special envoy Steve Witkoff, and the Kremlin has criticised Trump's threat of raising tariffs on Indian goods. Weak employment data last week pointed to challenges for the US economy as companies take a cautious approach in hiring and investment while grappling with Trump's radical – and rapidly changing – trade policy. The tariffs are a demonstration of raw economic power that Trump sees as putting US exporters in a stronger position while encouraging domestic manufacturing by keeping out foreign imports. But the approach has raised fears of inflation and other economic fallout in the world's biggest economy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store