‘The Late Show’ officially wraps in May 2026, marking the end of Stephen Colbert\u2019s 11-season run on CBS. Find out more about his financial standing here.<\/p>\n
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Stephen Colbert<\/strong><\/a> became one of late night television\u2019s most recognizable hosts during his 11-season run on The Late Show,<\/em> leading CBS\u2019s flagship late-night franchise from New York City\u2019s Ed Sullivan Theater beginning in 2015. But in 2026, Colbert\u2019s salary and net worth have become major topics of conversation following CBS\u2019s decision to end The Late Show<\/em> entirely<\/a> after decades on the network.<\/p>\n The cancellation sparked backlash online, especially after Paramount settled its lawsuit with Donald Trump<\/strong><\/a> for $16 million months earlier. While CBS insisted the decision was \u201cpurely a financial decision\u201d tied to the changing economics of late-night television, some fans and media figures questioned the timing. During a July 2025 taping, Colbert told viewers, \u201cIt\u2019s not just the end of our show, but it\u2019s the end of The Late Show<\/em> on CBS,\u201d adding, \u201cI\u2019m not being replaced. This is all just going away.\u201d<\/p>\n Colbert also thanked the show\u2019s roughly 200 staffers and said he wished someone else could continue the franchise.<\/p>\n As the series officially concludes on May 21, 2026, learn more below about how much money Colbert made at CBS and what led to The Late Show<\/em>\u2019s cancellation.<\/p>\n