Skydance, the movie studio trying to buy CBS and Comedy Central parent company Paramount, appears eager to rid CBS of “a liberal taint.”

CBS has cancelled The Late Show and announced Stephen Colbert will serve as final host until May 2026 days after he called out his parent company's "bribe."

Colbert confirmed the cancellation during a show taping on Thursday. CBS said the move was "purely a financial decision against a challenging backdrop in late night."