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."

Summer break has commenced in the late night circuit. While The Late Show With Stephen Colbert will continue to air this week on CBS, the episodes will be a mix of reruns from earlier this year. The show is currently on its summertime hiatus,

The comedian has had a lot to deal with in recent weeks following the news that CBS was cancelling The Late Show. On July 17, Colbert told his viewers that the long-running late-night show had been dropped, with its final ever episode set to air in May 2026.