Prominent political figures as well as Hollywood stars have reacted with disgust over the news that 'The Late Show With Stephen Colbert' will end its run in 2026.

Colbert’s cancellation came days after he mocked Paramount, which owns CBS, for its $16 million settlement with Trump in a lawsuit many considered meritless. That settlement comes as Paramount attempts a merger with Skydance Media, which requires FCC approval to proceed.

Colbert confirmed the cancellation during a show taping on Thursday. CBS said the move was "purely a financial decision against a challenging backdrop in late night."

CBS said it is canceling “The Late Show with Stephen Colbert” at the end of the upcoming television season in May, a casualty of industry changes that have dealt a crippling blow to advertising revenue.

“ Late Show ” host Stephen Colbert went after President Donald Trump on Thursday, the same day it was announced that his show had been canceled. And he focused on two issues the president does not like to talk about: his health, and his links to the late convicted sex offender Jeffrey Epstein.

Later, Schiff did address CBS’ decision to cancel Late Show, writing on X, “Just finished taping with Stephen Colbert who announced his show was cancelled. If Paramount and CBS ended the Late Show for political reasons, the public deserves to know. And deserves better.”

In a move commenters described as having "Craig Ferguson vibes," Stephen Colbert and Joaquin Phoenix spent the last moments of their Late Show interview in awkward silence.