“CBS canceled Colbert’s show just THREE DAYS after Colbert called out CBS parent company Paramount for its $16M settlement with Trump – a deal that looks like bribery,” Senator Elizabeth Warren wrote on X. “America deserves to know if his show was canceled for political reasons.”

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.

CBS has claimed that the cancellation of Trump-bashing show was a ‘financial decision’ despite timing of merger

Colbert notably clowned Paramount and described the settlement as a “big fat bribe” on Monday’s show, jokes that sparked speculation that the program’s cancellation was politically motivated and led the show’s union to call for an investigation into CBS’ decision.

CBS Mornings' hosts reacted with sadness and surprise to the cancellation of 'The Late Show with Stephen Colbert' that was announced Thursday.

CBS’ cancelation of its long-running The Late Show franchise, hosted by Stephen Colbert for the last decade, has left not only the public heartbroken and outraged, but Hollywood as well. Colbert, 61, who’s fronted the talk show since taking over from David Letterman in 2015, shared the network’s decision during Thursday’s broadcast.