CBS announced last month that it would not just be ending Colbert's run on the network but retiring the venerable Late Show franchise as a whole after the 2025-26 broadcast season, calling the divisive decision a "purely financial" one "against a challenging backdrop in late night."

During a July 17 taping, Colbert announced the cancellation of The Late Show. Colbert, who took over from David Letterman as host in September 2015, said he was "grateful" for being given a chair and a "beautiful theater to call home," as well as his viewers from "all around the world."