Since then, Colbert has been ripping into Donald Trump with renewed relish, often while also flaying CBS and its parent company, Paramount. By doubling down on attacking his most powerful enemy, at a time when network execs are facing such intense scrutiny for what many believe was a politically motivated firing,

Paramount announced last week that “The Late Show with Stephen Colbert” would be ending in May 2026. While the company claimed the move was a purely “financial decision,” speculation has swirled over whether Colbert’s sharp criticism of Trump had anything to do with his ouster as Paramount looked to get its merger approved.