A new report revealed Stephen Colbert's manager knew about "The Late Show" cancellation weeks before the host, with sources claiming the decision was financially motivated.

There’s a very simple reason why “The Late Show with Stephen Colbert” was canceled by CBS: the program was losing huge amounts of money, Puck reported. Colbert had to walk the plank because “The Late Show” was losing $40 million a year.

Paramount, the network’s parent, recently agreed to pay President Trump $16 million to settle his lawsuit over the editing of an interview on the CBS News program “60 Minutes.”

The View" co-host Sunny Hostin suggested on Tuesday that the decision to cancel “The Late Show with Stephen Colbert" could lead to the end of democracy.

Monday night's (July 21) show also featured kiss cam-style pop-ins from supportive fellow talkers Anderson Cooper, Jimmy Fallon, Jon Stewart and Adam Sandler.

CBS canceled Stephen Colbert’s late-night show. Democrat Minnesota Gov. and failed vice-presidential candidate Tim Walz, who recently appeared on the

Late-night host Stephen Colbert had a vulgar retort to President Donald Trump taunting him over his cancellation, saying "go f--- yourself" to audience cheers.

Senator Elizabeth Warren says it's a threat to all that 'The Late Show With Stephen Colbert' may have been canceled to curry favor with Donald Trump.