Network late-night shows have been losing viewers for years, but Colbert‘s program is primed for a ratings bump right now.

CBS, in announcing the cancellation of "The Late Show with Stephen Colbert," has called the move a "purely financial decision."

It’s the end of an era, because The Late Show with Stephen Colbert on CBS has ben canceled. And to be clear, no, Stephen’s not being replaced—the entire late night show has been axed.