Colbert breaks silence on Late Show ending, targets billionaire power
“Stephen Colbert used a New Year’s Eve broadcast to speak candidly about The Late Show’s cancellation.”
Key points
- Stephen Colbert used a New Year’s Eve broadcast to speak candidly about The Late Show’s cancellation.
- He questioned the power dynamics behind major media decisions as CBS cites losses and Paramount undergoes a merger.
Stephen Colbert has addressed the cancellation of The Late Show in his most direct remarks yet, using a New Year’s Eve TV appearance to deliver a pointed warning about concentrated wealth and influence.
During CNN’s year-end broadcast, Colbert said his key takeaway from the past year was not to trust billionaires, then linked that sentiment to the circumstances surrounding the decision to end his programme.
CBS has said the show will finish in May after reportedly losing tens of millions of dollars annually, even while remaining strong in its time slot. The explanation has been publicly questioned by other late-night figures, and the announcement has landed amid wider corporate changes as Paramount moves toward a merger with Skydance Media.
Colbert also referenced his recent on-air jokes about Paramount’s finances and made clear he is not stepping away from the industry, even as his flagship programme heads toward its final months. Geo News +1
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