CBS’ decision to cut ties with Stephen Colbert and its decades-old “Late Show” franchise come next May will leave a major hole in the format — but one that has been widening. TV networks have been cutting costs at their late-night mainstays for the past few years.

Anderson Cooper Expresses Sadness Over Stephen Colbert's Departure: "He Is, At Heart, An Incredibly Decent Human Being"

Stephen Colbert's friends and colleagues are in shock at The Late Show's surprise cancellation.

The WGA has issued a statement calling for a bribery investigation following CBS' cancellation of 'The Late Show With Stephen Colbert.'