Stephen Colbert will no longer host The Late Show. Following the network’s shocking $16 million settlement against Donald Trump, CBS announced that The Late Show with Stephen Colbert is ending next year. As fans of the late-night comedy show grapple with its imminent conclusion, many are wondering why the show was canceled.

There has been much written about CBS' decision to cancel The Late Show with Stephen Colbert but there's been little word out of the company itself. But after Skydance's deal to takeover Paramount became official this morning,