CBS brass say they pulled the plug on “The Late Show with Stephen Colbert” because of its punishing losses and claim politics had nothing to do with it, The Post has learned.

Kicking off Monday’s show with a joke about Trump wanting to change the name of the Washington Commanders NFL team (the “Washington Epsteins,” Colbert suggested), he walked into the Ed Sullivan Theater to loud cheers and said “This is going to be fun.” It certainly was.

Colbert savaged CBS parent company Paramount’s attempt to spin the cancellation of his show as due to financial losses with a pointed Trump settlement jibe. The post Stephen Colbert Savages CBS for Late Show ‘Financial Losses’ Spin: ‘Where Would Paramount Have Possibly Spent the Other $16M?

The Watch What Happens Live host even brought up The Tonight Show’s shift to four-episode weeks as another tactic that could have stemmed the bleeding. Showing further frustration with the situation, Andy Cohen moved into this alternate scenario, which to him is the proof that CBS is “cooked”:

For Wall Street viewers, the financial picture at CBS Corp. started coming into focus Thursday. The company posted a $9.14-billion fourth-quarter loss in its first earnings report since being ...

Andy Cohen has a few ideas about what CBS could’ve done instead of canceling “The Late Show With Stephen Colbert.” CBS claimed in a shock statement announcing the news last week that the move was “purely a financial decision against a challenging backdrop in late night” and had nothing to do with parent company Paramount’s pending merger.

CBS Corp. reported a lower first-quarter loss after the market close Wednesday amid further advertising improvements that boosted revenue. Skip to main content Plus Icon Click to expand the Mega Menu