Former MSNBC host rejects theory that Trump criticism led to ‘The Late Show’ cancellation as CBS cites $40M annual losses.

Democrats fawned over late-night host Stephen Colbert after CBS announced the show would be canceled in 2026, praising the liberal host for speaking truth to power.

The cancellation from CBS comes after Colbert criticized his parent company on-air for their $16 million settlement with Trump.

Fox News host Greg Gutfeld boasted that his show “beat all these guys” in the late-night ratings, featuring a report by the Washington Examiner. During Fox News’s The Five Friday, the hosts referred to a report from the Washington Examiner that compared the recent television ratings between Gutfeld!

The Late Show With Stephen Colbert has never won any Emmy in its previous nine seasons despite some notable streaks of excellence. (It has been nominated 31 times.) For much of that period, it competed in late-night’s top category against Last Week Tonight With John Oliver, which Emmy voters love the way Oliver loves a minor-league baseball team .

Whatever the reasons, next year's cancellation of The Late Show with Stephen Colbert will see the departure of the host in the current era of late night television who kept Canada in his sights, as the relationship with the U.