CBS cancels Stephen Colbert's show
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O'Donnell, a recent target of the president's threats, sounded the alarm on the network's stunning "Late Show" decision.
CBS could not figure out a path to profitability in an entertainment world increasingly dominated by streaming.
7hon MSN
CBS’ decision to cut ties with Stephen Colbert and its decades-old “Late Show” franchise come next May will leave a major hole in the format — but one that has been widening. TV networks have been cutting costs at their late-night mainstays for the past few years.
President Donald Trump was gleeful over Stephen Colbert's cancellation, saying his "talent was even less than his ratings" on Truth Social.