CBS Cancels 'The Late Show With Stephen Colbert' Due to Financial Reasons
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Summary
CBS announced the cancellation of 'The Late Show With Stephen Colbert,' citing financial reasons. The show, running for over three decades, will end in May when Colbert's contract expires.
Key quotes
· 2 pulledCBS executives said in a statement that the cancellation was 'purely a financial decision against a challenging backdrop in late night.'
'It is not related in any way to the show’s performance, content or other matters happening at Paramount,' said CBS executives.
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