CBS cancels Stephen Colbert's show
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CBS could not figure out a path to profitability in an entertainment world increasingly dominated by streaming.
The network said the show would end in May, when host Stephen Colbert’s current contract expires. Colbert announced the news to the audience attending the taping for Thursday night’s show and posted the message on social media.
President Donald Trump was gleeful over Stephen Colbert's cancellation, saying his "talent was even less than his ratings" on Truth Social.