John Oliver is calling the cancellation of The Late Show With Stephen Colbert “incredibly sad.” While speaking to reporters over the weekend, Oliver was asked his thoughts about the news, which CBS revealed in a surprise announcement on Thursday. A daily brief about what matters and what's interesting in Hollywood.

CBS will end "The Late Show with Stephen Colbert" and retire "The Late Show" franchise in May 2026, the company announced Thursday, calling it "purely a financial decision against a challenging backdrop in late night.

TV hosts and celebrities are reacting to news of the cancellation of "The Late Show with Stephen Colbert" and the entire franchise.

Stephen Colbert's 'The Late Show' has been canceled. See how musicians like Kristin Chenoweth, Rachel Zegler and Questlove are reacting to the news.

Seth Meyers also reacted among other prominent political figures and Hollywood stars sharing their disgust over the news that 'The Late Show With Stephen Colbert' will end its run in 2026, including Julia Louis-Dreyfus,

Credit: The Late Show with Stephen Colbert When we started the Late Show in 1993, we had the same goals everyone doing talk shows has: make people laugh and never threaten a corporate merger. If Colbert had been #1 and nominated for an Emmy two days prior none of this would have happened.

CBS could not figure out a path to profitability in an entertainment world increasingly dominated by streaming.

Show' host's comments came shortly before it was announced that CBS has canceled 'The Late Show With Stephen Colbert.'