11 articles · Updated · The New York Times · May 5
The programme will end on 21 May after a farewell run featuring tributes from John Lithgow, Nathan Lane, Jimmy Fallon and Billy Crystal.
The report says CBS, under buyout pressure from an administration able to approve the deal, chose to scrap the entire franchise rather than simply replace Colbert.
Its closure ends a late-night institution that by its finale will have outlasted Johnny Carson's version of The Tonight Show, amid wider political pressure on outspoken hosts.
If 'The Late Show' was number one, what does its cancellation reveal about the real health of broadcast television?
Is the shift from topical humor to evergreen content the only viable future for broadcast networks after 11 p.m.?